Senate Bill 416
Enrolled Senate Bill (S)
DIGEST
Infrastructure assistance fund. Requires the Indiana finance authority to study the ability of utilities to provide clean and safe drinking water in Indiana for the foreseeable future. Requires the utility regulatory commission (IURC), in its deliberations in a general rate case of a water or wastewater utility, to consider governmental requirements arising from environmental law and their effect upon the utility's operational expenses. Authorizes the IURC, upon request by a water or wastewater utility in a general rate case, to permit the utility to voluntarily establish a customer assistance program. Provides that an IURC-approved customer assistance program may not be
Infrastructure assistance fund. Requires the Indiana finance authority to study the ability of utilities to provide clean and safe drinking water in Indiana for the foreseeable future. Requires the utility regulatory commission (IURC), in its deliberations in a general rate case of a water or wastewater utility, to consider governmental requirements arising from environmental law and their effect upon the utility's operational expenses. Authorizes the IURC, upon request by a water or wastewater utility in a general rate case, to permit the utility to voluntarily establish a customer assistance program. Provides that an IURC-approved customer assistance program may not be
deemed a discriminatory utility regulation. Provides that certain water utilities that have withdrawn from the jurisdiction of the IURC may form a policy review committee to receive complaints from customers if certain conditions are met. Requires the environmental rules board to adopt rules to carry out the intent of the law concerning the safety of the public water supply. Authorizes the commissioner of the department of environmental management, when the point of water collection of a public water system is being relocated, to require that the water be tested at the new point of collection the public water system may begin to collect water at the new location. Establishes the infrastructure assistance fund (fund) to provide grants, loans, and other financial assistance for the planning, designing, acquisition, construction, renovation, improvement, and expansion of public water systems. Requires the Indiana finance authority (IFA) to administer the fund and to establish criteria for the making of grants, loans, and other financial assistance from the fund. Authorizes the IFA to sell loans and other obligations from the fund and to deposit the proceeds of the sales in the fund or in certain other funds. Authorizes the IFA to pledge loans and other obligations from the fund to secure other loans or financial assistance from the fund or from certain other funds. Requires the public finance director to submit a report on the fund to the budget committee and the legislative council not later than August 1 of each odd-numbered year through 2021. Changes the name of the Indiana geological survey to the Indiana geological and water survey (survey). Requires the survey to provide geological information about the water resources of Indiana. Changes the name of the geological survey advisory council to the geological and water survey advisory council.
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