Bill Text: IN SB0227 | 2012 | Regular Session | Introduced
Bill Title: Utility report of sewer rate increases.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2012-01-04 - First reading: referred to Committee on Utilities & Technology [SB0227 Detail]
Download: Indiana-2012-SB0227-Introduced.html
Introduced Version
SENATE BILL No. 227
_____
DIGEST OF INTRODUCED BILL
Citations Affected: IC 8-1-2-128.
Synopsis: Utility report of sewer rate increases. Requires a sewer
utility to report to the standing legislative committees with jurisdiction
over utility matters if the utility seeks: (1) a single rate increase of more
than 10%; or (2) rate increases of at least 2% in each of five
consecutive years.
Effective: July 1, 2012.
Breaux
January 4, 2012, read first time and referred to Committee on Utilities & Technology.
Introduced
Second Regular Session 117th General Assembly (2012)
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in
Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution.
Conflict reconciliation: Text in a statute in this style type or
SENATE BILL No. 227
A BILL FOR AN ACT to amend the Indiana Code concerning
utilities.
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: IC 8-1-2-128; (12)IN0227.1.1. -->
SECTION 1. IC 8-1-2-128 IS ADDED TO THE INDIANA CODE
AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY
1, 2012]: Sec. 128. (a) This section applies to a utility that provides
sewer services, including a not-for-profit utility, a municipal utility,
or a subscriber owned utility, whether or not the utility is under
the jurisdiction of the commission.
(b) A utility shall submit a report to the members of the standing committees of the house of representatives and the senate with jurisdiction over utility matters if the utility files with the commission:
(1) a request for an increase of more than ten percent (10%) in its basic rates and charges; or
(2) requests of increases in its basic rates and charges of at least two percent (2%) for five (5) consecutive years.
(b) A utility shall submit a report to the members of the standing committees of the house of representatives and the senate with jurisdiction over utility matters if the utility files with the commission:
(1) a request for an increase of more than ten percent (10%) in its basic rates and charges; or
(2) requests of increases in its basic rates and charges of at least two percent (2%) for five (5) consecutive years.
