Fabio
97 lines
7.5 KiB
Markdown
97 lines
7.5 KiB
Markdown
---
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type: "Bill"
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title: "Water and wastewater utility infrastructure."
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description: "Amends the statute concerning the acquisition by a utility company of a water or wastewater utility to provide that if: (1) the appraised value of the utility property to be acquired does not exceed $3,000,000; and (2) the purchase price for the utility property is less than the appraised value of the utility property; the acquiring utility company may submit to the Indiana utility regulatory agency (IURC) a filing under a procedure, based on the procedures set forth in the IURC's rules governing 30 day administrative filings, to include in the acquiring utility company's rate base specified costs associated with the acquisition. Sets forth certain information that must be included in an acquiring utility company's filing. Provides that if the IURC approves an acquiring utility company's filing, the IURC: (1) may only authorize that: (A) the full purchase price; and (B) estimated: (i) incidental expenses; and (ii) other costs of acquisition; be recorded as the acquiring utility company's net original cost of acquisition; and (2) shall provide that any estimated: (i) incidental expenses; and (ii) other costs of the acquisition; are subject to a reasonableness review as part of the acquiring utility company's next base rate case. Adds language specifying that the Indiana Code chapter that governs the transfer, acquisition, and improvement of utilities by municipalities applies to a municipally owned natural gas utility (in addition to a municipally owned electric, water, wastewater, or combined water and wastewater utility)."
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jurisdiction: "us/states/in"
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legislature: "Indiana General Assembly"
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session: "2024"
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identifier: "SB 247"
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citation: "Indiana SB 247 (2024)"
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classification: ["bill"]
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subjects: ["AGENCIES; Utility Regulatory Commission (IURC)", "UTILITIES; Gas", "UTILITIES; Municipal Utilities", "UTILITIES; Water"]
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status: "enacted"
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primary_sponsors: ["Edmond Soliday", "Eric Koch", "Jean Leising"]
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version_count: 4
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action_count: 28
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vote_count: 5
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first_action: "2024-01-10"
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last_action: "2024-03-11"
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source: "openstates"
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source_identifier: "ocd-bill/128a3174-f87c-430e-8145-cabc25d7c435"
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source_url: "https://api.iga.in.gov/2024/bills/sb0247"
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source_hash: "d026ced6beb4921b3caefbbac7cc0b4c84fe7bbb48e1bc6cab76448ef44c881d"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-in"]
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---
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# Indiana SB 247 (2024) — Water and wastewater utility infrastructure.
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Amends the statute concerning the acquisition by a utility company of a water or wastewater utility to provide that if: (1) the appraised value of the utility property to be acquired does not exceed $3,000,000; and (2) the purchase price for the utility property is less than the appraised value of the utility property; the acquiring utility company may submit to the Indiana utility regulatory agency (IURC) a filing under a procedure, based on the procedures set forth in the IURC's rules governing 30 day administrative filings, to include in the acquiring utility company's rate base specified costs associated with the acquisition. Sets forth certain information that must be included in an acquiring utility company's filing. Provides that if the IURC approves an acquiring utility company's filing, the IURC: (1) may only authorize that: (A) the full purchase price; and (B) estimated: (i) incidental expenses; and (ii) other costs of acquisition; be recorded as the acquiring utility company's net original cost of acquisition; and (2) shall provide that any estimated: (i) incidental expenses; and (ii) other costs of the acquisition; are subject to a reasonableness review as part of the acquiring utility company's next base rate case. Adds language specifying that the Indiana Code chapter that governs the transfer, acquisition, and improvement of utilities by municipalities applies to a municipally owned natural gas utility (in addition to a municipally owned electric, water, wastewater, or combined water and wastewater utility).
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Engrossed Senate Bill (H)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0247/SB0247.03.ENGS.pdf)
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2. **Enrolled Senate Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0247/SB0247.05.ENRH.pdf)
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3. **Introduced Senate Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0247/SB0247.01.INTR.pdf)
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4. **Senate Bill (S)** (committee substitute) — [source](https://iga.in.gov/pdf-documents/123/2024/senate/bills/SB0247/SB0247.04.COMH.pdf)
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## Votes
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- SB 247 - Soliday - 3rd Reading — **90–1** (pass) · lower
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- SB 247 - Soliday — **67–28** (pass) · lower
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- SB 247 - Koch - 3rd Reading — **48–1** (pass) · upper
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- SB 247 - Soliday — **65–28** (pass) · lower
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- SB 247 - Koch — **43–1** (pass) · upper
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## Sponsors
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- Edmond Soliday — primary (person)
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- Eric Koch — primary (person)
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- Jean Leising — primary (person)
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- Dave Hall — cosponsor (person)
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- Ed Charbonneau — coauthor (person)
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- Lonnie Randolph — coauthor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-01-10** First reading: referred to Committee on Utilities `reading-1, referral-committee`
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- **2024-01-10** Authored by Senator Koch
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- **2024-01-25** Committee report: amend do pass, adopted `committee-passage`
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- **2024-01-29** Second reading: amended, ordered engrossed `reading-2`
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- **2024-01-29** Amendment #1 (Koch) prevailed; voice vote `amendment-passage`
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- **2024-01-30** Senator Leising added as second author
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- **2024-01-30** Senator Randolph added as coauthor
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- **2024-01-30** Third reading: passed; Roll Call 67: yeas 48, nays 1 `passage, reading-3, reading-3`
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- **2024-01-30** House sponsor: Representative Soliday
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- **2024-01-30** Senator Charbonneau added as coauthor
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- **2024-01-31** Referred to the House `referral`
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- **2024-02-06** First reading: referred to Committee on Utilities, Energy and Telecommunications `reading-1, referral-committee`
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- **2024-02-13** Committee report: amend do pass, adopted `committee-passage`
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- **2024-02-19** Second reading: ordered engrossed `reading-2`
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- **2024-02-19** Amendment #3 (Pryor) ruled out of order
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- **2024-02-19** Appeal the ruling of the chair (Pryor); ruling of the chair sustained Roll Call 154: yeas 67, nays 28
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- **2024-02-19** Appeal the ruling of the chair (Pryor); ruling of the chair sustained Roll Call 155: yeas 65, nays 28
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- **2024-02-19** Amendment #2 (Pryor) ruled out of order
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- **2024-02-21** Returned to the Senate with amendments `receipt`
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- **2024-02-20** Representative Hall added as cosponsor
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- **2024-02-20** Third reading: passed; Roll Call 179: yeas 90, nays 1 `passage, reading-3, reading-3`
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- **2024-02-26** Motion to concur filed `filing`
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- **2024-02-29** Senate concurred in House amendments; Roll Call 236: yeas 43, nays 1
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- **2024-03-05** Signed by the President Pro Tempore `passage`
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- **2024-03-07** Signed by the Speaker `passage`
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- **2024-03-08** Signed by the President of the Senate `passage`
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- **2024-03-11** Signed by the Governor `executive-signature`
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- **2024-03-11** Public Law 34 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/128a3174-f87c-430e-8145-cabc25d7c435`. Confidence: reported (aggregated from official Indiana legislature records).
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