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Senate Bill 0560


Senate Bill 0560

ARCHIVE (2013)

Latest Information

 

DIGEST OF SB 560 (Updated April 11, 2013 12:00 pm - DI 84)


Utility transmission. Provides for the establishment by counties of infrastructure development zones in which natural gas, broadband and advanced services, and water infrastructure is exempt from property taxation. Allows a customer of an electricity supplier that is: (1) a public utility; and (2) under the jurisdiction of the utility regulatory commission (commission) for the approval of rates and charges; to petition the commission for a temporary discount to the demand component of the customer's rates and charges established in the electricity supplier's applicable standard tariff for service to a single Indiana facility of the customer. Requires: (1) preapproval by the economic development corporation (IEDC) of the customer's requested temporary discount amount; and (2) that an electricity supplier defer the cost of a discount for subsequent recovery in its next general retail electric rate case. Requires the utility consumer counselor (counselor) to investigate a utility's petition for a transmission, distribution, and storage system improvement charge (TDSIC) and report its activities to the commission. Authorizes the counselor to request additional funding from the budget agency. Allows a utility to designate a test period for the commission to use in determining an increase in the utility's rates and charges. Provides that a utility may impose a temporary increase in rates and charges while its rate case is pending before the commission. Requires a utility to provide a refund, with interest, to customers if the temporary rates and charges exceed the rates and charges approved by the commission. Authorizes a utility that provides electric or gas service to petition the commission to recover TDSIC costs. Requires the utility to petition the commission for approval of a seven year plan for eligible transmission, distribution, and storage improvements. Requires the Indiana department of transportation to develop a program to coordinate the use of public rights-of-way with utilities when the department undertakes an infrastructure improvement project.
    Current Status:
     Law Enacted
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