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DIGEST OF INTRODUCED BILL
Rural renewable energy project financing. Permits the following entities to loan money or guarantee a loan for a renewable energy production project: (1) the state excise police, gaming agent, gaming control officer, and conservation officers' retirement plan; (2) the public employees' retirement fund trust fund; (3) the pension trust of the state police department; (4) the Indiana state teachers' retirement fund; (5) the Indiana judges' retirement fund; (6) the police officers' and firefighters' pension and disability fund; (7) the Indiana economic development corporation; and (8) the Indiana finance authority. Provides that a renewable energy production project is a rural development project undertaken to produce, sustain production of, or increase production of electricity, fuel, steam, or biofuel from a renewable energy resource.