*EH1007.3* Reprinted April 11, 2025 ENGROSSED HOUSE BILL No. 1007 _____ DIGEST OF HB 1007 (Updated April 10, 2025 4:22 pm - DI 101) Citations Affected: IC 6-3.1; IC 8-1. Synopsis: Energy generation resources. Provides a credit against state tax liability for expenses incurred in the manufacture of a small modular nuclear reactor (SMR) in Indiana. Establishes procedures under which certain energy utilities may request approval for one or more of the following from the Indiana utility regulatory commission (Continued next page) Effective: Upon passage; January 1, 2025 (retroactive); July 1, 2025. Soliday, Shonkwiler, Pressel, Bartels, Lauer, Heaton, May, Lucas, Smith H, DeVon, Karickhoff, Heine, Smaltz, Teshka, Snow, Jordan, Thompson, Steuerwald, Olthoff, Zimmerman, Haggard, Aylesworth, Miller D, Commons, Judy, Hall, Lehman, Prescott, Culp, Borders, Baird, Wesco, Lopez, Carbaugh, McNamara, Jeter, Abbott (SENATE SPONSORS — KOCH, ROGERS) January 13, 2025, read first time and referred to Committee on Utilities, Energy and Telecommunications. January 29, 2025, amended, reported — Do Pass. Referred to Committee on Ways and Means pursuant to Rule 126.3. February 6, 2025, reported — Do Pass. February 10, 2025, read second time, amended, ordered engrossed. February 11, 2025, engrossed. February 13, 2025, read third time, passed. Yeas 67, nays 25. SENATE ACTION February 19, 2025, read first time and referred to Committee on Utilities. March 27, 2025, amended, reported favorably — Do Pass; reassigned to Committee on Tax and Fiscal Policy. April 8, 2025, reported favorably — Do Pass. April 10, 2025, read second time, amended, ordered engrossed. EH 1007—LS 7547/DI 101 Digest Continued (IURC): (1) An expedited generation resource plan (EGR plan) to meet customer load growth that exceeds a specified threshold. (2) A generation resource submittal for the acquisition of a specific generation resource in accordance with an approved EGR plan. (3) A project to serve one or more large load customers. Sets forth: (1) the requirements for approval of each of these types of requests; (2) standards for financial assurances by large load customers; and (3) cost recovery mechanisms for certain acquisition costs or project costs incurred by energy utilities. Amends the statute concerning public utilities' annual electric resource planning reports to the IURC to provide that for an annual report submitted after December 31, 2025, a public utility must include information as to the amount of generating resource capacity or energy that the public utility plans to retire or refuel with respect to any electric generation resource of at least 125 megawatts. Provides that for any planned retirement or refueling, the public utility must include, along with other specified information, information as to the public utility's plans with respect to the following: (1) For a retirement, the amount of replacement capacity identified to provide approximately the same accredited capacity within the appropriate regional transmission organization (RTO) as the capacity of the facility to be retired. (2) For a refueling, the extent to which the refueling will maintain or increase the current generating resource accredited capacity or energy that the electric generating facility provides, so as to provide approximately the same accredited capacity within the appropriate RTO. Requires IURC staff to prepare a staff report for each public utility report that includes a planned electric generation resource retirement. Provides that if, after reviewing a public utility's report and any related staff report, the IURC is not satisfied that the public utility can satisfy both its planning reserve margin requirement and the statute's prescribed reliability adequacy metrics, the IURC shall conduct an investigation into the reasons for the public utility's inability to meet these requirements. Provides that if the public utility's report indicates that the public utility plans to retire an electric generating facility within one year of the date of the report, the IURC must conduct such an investigation. Provides that: (1) a public utility may request, not earlier than three years before the planned retirement date of an electric generation facility, that the IURC conduct an investigation into the planned retirement; and (2) if the IURC conducts an investigation at the request of the public utility within that three year period, the IURC may not conduct a subsequent investigation that would otherwise be required under the bill's provisions unless the IURC is not satisfied that the public utility can satisfy both its planning reserve margin requirement and the statutory reliability adequacy metrics as of the time the investigation would otherwise be required. Provides that if a CPCN is granted by the IURC for a facility intended to repower or replace a generation unit that is planned for retirement, and the CPCN includes findings that the project will result in at least equivalent accredited capacity and will provide economic benefit to ratepayers as compared to the continued operation of the generating unit to be retired, the CPCN constitutes approval by the IURC for purposes of an investigation that would otherwise be required. Provides that if, after an investigation, the IURC determines that the capacity resources available to the public utility will not be adequate to allow the public utility to satisfy both its planning reserve margin requirements and the statute's prescribed reliability adequacy metrics, the IURC shall issue an order: (1) directing the public utility to acquire or construct; or (2) prohibiting the retirement or refueling of; such capacity resources that are reasonable and necessary to enable the public utility to meet these requirements. Provides that if the IURC does not issue an order in an investigation within 120 days after the initiation of the investigation, the public utility is considered to be able to satisfy both its planning reserve margin requirement and the (Continued next page) EH 1007—LS 7547/DI 101EH 1007—LS 7547/DI 101 Digest Continued statutory reliability adequacy metrics with respect to the retirement of the facility under investigation. Provides that if the IURC issues an order to prohibit the retirement or refueling of an electric generation resource, the IURC shall create a sub-docket to authorize the public utility to recover in rates the costs of the continued operation of the electric generation resource proposed to be retired or refueled, subject to a finding by the IURC that the continued costs of operation are just and reasonable. Makes a technical change to another Indiana Code section to recognize the redesignation of subsections within the section containing these provisions. EH 1007—LS 7547/DI 101EH 1007—LS 7547/DI 101 Reprinted April 11, 2025 First Regular Session of the 124th General Assembly (2025) 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 this style type. 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 this style type reconciles conflicts between statutes enacted by the 2024 Regular Session of the General Assembly. ENGROSSED HOUSE BILL No. 1007 A BILL FOR AN ACT to amend the Indiana Code concerning utilities. Be it enacted by the General Assembly of the State of Indiana: 1 SECTION 1. IC 6-3.1-45 IS ADDED TO THE INDIANA CODE 2 AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE 3 JANUARY 1, 2025 (RETROACTIVE)]: 4 Chapter 45. Small Modular Nuclear Reactor Manufacturing 5 Expense Tax Credit 6 Sec. 1. This chapter applies to a taxable year beginning after 7 December 31, 2024. 8 Sec. 2. As used in this chapter, "department" refers to the 9 department of state revenue. 10 Sec. 3. As used in this chapter, "qualified investment" means a 11 taxpayer's expenditures incurred in the manufacture of a small 12 modular nuclear reactor in Indiana. 13 Sec. 4. As used in this chapter, "small modular nuclear reactor" 14 means a nuclear reactor that: 15 (1) has a rated electric generating capacity of not more than EH 1007—LS 7547/DI 101 2 1 four hundred seventy (470) megawatts; 2 (2) is capable of being constructed and operated, either: 3 (A) alone; or 4 (B) in combination with one (1) or more similar reactors if 5 additional reactors are, or become, necessary; 6 at a single site; and 7 (3) is required to be licensed by the United States Nuclear 8 Regulatory Commission. 9 The term includes a nuclear reactor that is described in this section 10 and that uses a process to produce hydrogen that can be used for 11 energy storage, as a fuel, or for other uses. 12 Sec. 5. As used in this chapter, "state tax liability" means a 13 taxpayer's total tax liability that is incurred under: 14 (1) IC 6-3-1 through IC 6-3-7 (the adjusted gross income tax); 15 (2) IC 6-5.5 (the financial institutions tax); and 16 (3) IC 27-1-18-2 (the insurance premiums tax); 17 as computed after the application of the credits that under 18 IC 6-3.1-1-2 are to be applied before the credit provided by this 19 chapter. 20 Sec. 6. As used in this chapter, "taxpayer" means a person, 21 corporation, partnership, or other entity that makes a qualified 22 investment. 23 Sec. 7. A taxpayer is entitled to a credit against the taxpayer's 24 state tax liability in the taxable year in which the taxpayer makes 25 a qualified investment. The amount of the credit provided by this 26 section is equal to twenty percent (20%) of the amount of the 27 taxpayer's qualified investment. 28 Sec. 8. (a) If the amount determined under section 7 of this 29 chapter for a taxpayer in a taxable year exceeds the taxpayer's 30 state tax liability for that taxable year, the taxpayer may carry the 31 excess over to the following taxable years. The amount of the credit 32 carryover from a taxable year shall be reduced to the extent that 33 the carryover is used by the taxpayer to obtain a credit under this 34 chapter for any subsequent taxable year. 35 (b) A taxpayer is not entitled to a carryback or refund of any 36 unused credit. 37 Sec. 9. (a) If a pass through entity is entitled to a credit under 38 section 7 of this chapter but does not have state tax liability against 39 which the tax credit may be applied, an individual who is a 40 shareholder, partner, or member of the pass through entity is 41 entitled to a tax credit equal to: 42 (1) the tax credit determined for the pass through entity for EH 1007—LS 7547/DI 101 3 1 the taxable year; multiplied by 2 (2) the percentage of the pass through entity's distributive 3 income to which the shareholder, partner, or member is 4 entitled. 5 (b) The credit provided under subsection (a) is in addition to a 6 tax credit to which a shareholder, partner, or member of a pass 7 through entity is otherwise entitled under this chapter. However, 8 a pass through entity and an individual who is a shareholder, 9 partner, or member of the pass through entity may not claim more 10 than one (1) credit for the same qualified investment. 11 Sec. 10. To receive the credit provided by this chapter, a 12 taxpayer must claim the credit on the taxpayer's annual state tax 13 return or returns in the manner prescribed by the department. The 14 taxpayer shall submit to the department: 15 (1) information verifying that the taxpayer's qualified 16 investment was made with respect to a small modular nuclear 17 reactor that will be manufactured in Indiana; and 18 (2) all information that the department determines is 19 necessary for the calculation of the credit provided by this 20 chapter. 21 SECTION 2. IC 8-1-7.9 IS ADDED TO THE INDIANA CODE AS 22 A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE UPON 23 PASSAGE]: 24 Chapter 7.9. Expedited Generation Resource Plans and Large 25 Load Customers 26 Sec. 1. (a) As used in this chapter, "acquisition" means a project 27 or an arrangement that is undertaken: 28 (1) by an energy utility to construct, purchase, lease, or 29 otherwise acquire a generation resource; and 30 (2) in accordance with an approved EGR plan. 31 (b) The term includes the purchase of energy or capacity 32 through a power purchase agreement. 33 Sec. 2. As used in this chapter, "acquisition costs" means the 34 total costs of an acquisition made under an EGR plan, including: 35 (1) planning; 36 (2) construction; and 37 (3) operating; 38 costs related to the acquisition. 39 Sec. 3. As used in this chapter, "appropriate regional 40 transmission organization" has the meaning set forth in 41 IC 8-1-8.5-13(b). 42 Sec. 4. As used in this chapter, "commission" refers to the EH 1007—LS 7547/DI 101 4 1 Indiana utility regulatory commission created by IC 8-1-1-2. 2 Sec. 5. (a) As used in this chapter, "construction and operating 3 costs" means costs: 4 (1) incurred or to be incurred by an energy utility under this 5 chapter after the issuance of an order by the commission 6 under this chapter; and 7 (2) related to an approved or commission modified acquisition 8 or project. 9 (b) The term includes procurement, contractual, construction, 10 operating, maintenance, financing, legal, regulatory, and project 11 evaluation, analysis, and development costs incurred after the 12 issuance of an order by the commission under this chapter. 13 Sec. 6. As used in this chapter, "corporation" refers to the 14 Indiana economic development corporation established by 15 IC 5-28-3-1 or its successor. 16 Sec. 7. As used in this chapter, "energy utility" means: 17 (1) an electric utility listed in 170 IAC 4-7-2(a) and any 18 successor in interest to that utility; or 19 (2) a corporation organized under IC 8-1-13. 20 Sec. 8. As used in this chapter, "expedited generation resource 21 plan", or "EGR plan", means a plan developed by an energy utility 22 for acquiring generation resources to meet load growth that 23 exceeds the lesser of: 24 (1) five percent (5%) of the energy utility's average peak 25 demand over the most recent three (3) calendar years; or 26 (2) one hundred fifty (150) megawatts. 27 Sec. 9. As used in this chapter, "generation resource submittal" 28 means a compliance filing made to the commission for approval of 29 the acquisition of a specific generation resource in accordance with 30 the criteria set forth in an approved EGR plan. 31 Sec. 10. As used in this chapter, "large load customer" means a 32 new or existing customer of an energy utility, or not more than 33 four (4) multiple new or existing customers of an energy utility, 34 that: 35 (1) requests new or additional electricity demand that in the 36 aggregate exceeds the lesser of: 37 (A) five percent (5%) of the energy utility's average peak 38 demand over the most recent three (3) calendar years; or 39 (B) one hundred fifty (150) megawatts; 40 (2) plans to make a capital investment that exceeds five 41 hundred million dollars ($500,000,000) in a new or expanded 42 facility in Indiana; and EH 1007—LS 7547/DI 101 5 1 (3) plans to employ at the new or expanded facility in Indiana 2 at least fifty (50) full-time employees with wages that on 3 average meet or exceed the most recently published annual 4 national average according to the Bureau of Labor Statistics 5 of the United States Department of Labor. 6 Sec. 11. As used in this chapter, "office" refers to the Indiana 7 office of energy development established by IC 4-3-23-3. 8 Sec. 12. (a) As used in this chapter, "planning costs" means 9 costs: 10 (1) incurred or to be incurred by an energy utility before the 11 issuance of an order by the commission under this chapter; 12 and 13 (2) related to an acquisition or project. 14 (b) The term includes study, analysis, pre-engineering, 15 engineering, legal, financing, and regulatory costs. 16 Sec. 13. As used in this chapter, "pre-filing meeting" means a 17 meeting to review and discuss a filing or submittal by an energy 18 utility in accordance with: 19 (1) section 18 of this chapter; 20 (2) section 20 of this chapter; or 21 (3) section 22 of this chapter; 22 as applicable. 23 Sec. 14. As used in this chapter, "project" refers to a project 24 relating to energy infrastructure and generation resources that: 25 (1) are required primarily to serve a large load customer of an 26 energy utility; and 27 (2) may be designed to serve more than one (1) large load 28 customer of the energy utility or to meet other customer 29 demand or energy needs. 30 Sec. 15. As used in this chapter, "project costs" means the total 31 costs of a project, including: 32 (1) planning costs; and 33 (2) construction and operating costs; 34 related to the project. 35 Sec. 16. As used in this chapter, "reasonable risk premium" 36 means compensation: 37 (1) negotiated between an energy utility and a large load 38 customer; and 39 (2) paid by the large load customer. 40 Sec. 17. (a) The commission may expedite, in accordance with 41 this chapter, the review of filings and submittals made by an 42 energy utility to meet the energy infrastructure and generation EH 1007—LS 7547/DI 101 6 1 resource needs of customers. An energy utility may request an 2 expedited review by the commission under either or both of the 3 following: 4 (1) Sections 18 through 21 of this chapter (concerning EGR 5 plans). 6 (2) Sections 22 through 24 of this chapter (concerning large 7 load customer projects). 8 (b) This chapter does not preclude an energy utility from 9 petitioning the commission under other applicable statutes for 10 approval of a generation resource acquisition to meet the needs of 11 its customers. 12 (c) This chapter does not preclude an energy utility from 13 petitioning the commission under, or in conjunction with, other 14 applicable statutes, including: 15 (1) IC 8-1-2-24; 16 (2) IC 8-1-2-42; 17 (3) IC 8-1-2.5; 18 (4) IC 8-1-8.5; 19 (5) IC 8-1-8.8; or 20 (6) IC 8-1-39; 21 for approval of a project to meet the needs of large load customers. 22 Sec. 18. (a) This section applies to an energy utility that petitions 23 the commission for approval of an EGR plan. 24 (b) An energy utility may file a petition with the commission for 25 approval of an EGR plan to acquire generation resources to meet 26 the extraordinary needs for electricity by the energy utility's 27 customers. 28 (c) In a petition under this section, an energy utility must do the 29 following: 30 (1) Describe the energy utility's EGR plan for acquiring 31 generation resources to meet the anticipated extraordinary 32 growth in the load of its customers. 33 (2) Demonstrate a need for generation capacity that exceeds 34 the lesser of: 35 (A) five percent (5%) of the energy utility's average peak 36 demand over the most recent three (3) calendar years; or 37 (B) one hundred fifty (150) megawatts. 38 (3) Provide a load growth forecast for a minimum of five (5) 39 years from the date of the petition. 40 (4) Describe the status of customer contracts and 41 commitments that support the load growth forecast described 42 in subdivision (3). EH 1007—LS 7547/DI 101 7 1 (5) Explain how the EGR plan is consistent with or differs 2 from the energy utility's most recent integrated resource plan. 3 (6) Propose the accounting authority needed from the 4 commission to support the EGR plan. 5 (7) Propose the manner in which the capital costs and 6 operating and maintenance expenses related to the EGR plan 7 will be included in the energy utility's revenue requirement. 8 (8) Identify the type and amount of capacity and energy: 9 (A) that is included in the EGR plan; 10 (B) that does not exceed seventy-five percent (75%) of the 11 energy utility's peak capacity over the forecast period 12 described in subdivision (3); and 13 (C) with respect to which the energy utility may request 14 expedited approval in a subsequent generation resource 15 submittal. 16 (9) Identify the criteria to be included in a generation 17 resource submittal that must be met for the acquisition to be 18 approved by the commission. 19 (10) Certify that at least thirty (30) days before the filing of 20 the petition the energy utility held a pre-filing meeting with 21 the commission and the office of utility consumer counselor to 22 review the EGR plan. 23 (11) Describe how the energy utility considered implementing 24 grid enhancing technologies to defer or minimize the need for 25 additional investment in generation. 26 (12) Describe how the EGR plan will support the provision of 27 electric utility service with the attributes set forth in 28 IC 8-1-2-0.6, including: 29 (A) reliability; 30 (B) affordability; 31 (C) resiliency; 32 (D) stability; and 33 (E) environmental sustainability. 34 (13) Describe how the EGR plan reasonably protects existing 35 and future customers and is consistent with: 36 (A) the provision of safe, reliable, and affordable electric 37 utility service; and 38 (B) economical rates. 39 (14) Include: 40 (A) verified testimony; and 41 (B) exhibits; 42 supporting the petition and constituting the energy utility's EH 1007—LS 7547/DI 101 8 1 case in chief. 2 (15) Include a proposed order for the petition. 3 Sec. 19. (a) This section applies to an energy utility that petitions 4 the commission for approval of an EGR plan. 5 (b) Notwithstanding IC 8-1-8.5 or any other statute, the 6 commission may approve an energy utility's EGR plan to 7 construct, purchase, lease, or otherwise acquire generation 8 resources under this chapter for purposes of meeting the needs of 9 the energy utility's customers. The commission shall make its 10 decision based on whether the relief requested is just, reasonable, 11 and in the public interest. 12 (c) The commission may: 13 (1) approve the energy utility's petition in its entirety; 14 (2) deny the energy utility's petition in its entirety; or 15 (3) modify the petition, subject to the energy utility's 16 acceptance of the modification. 17 (d) The commission shall issue a final order on the petition not 18 later than ninety (90) days after receiving the energy utility's 19 complete petition. A petition is considered: 20 (1) complete unless the commission provides a notice of 21 deficiency to the energy utility not later than five (5) business 22 days after the filing of the petition; and 23 (2) approved if the commission does not issue a final order on 24 the petition within the ninety (90) day period set forth in this 25 subsection. 26 Sec. 20. (a) This section applies to an energy utility that submits 27 to the commission for approval a generation resource submittal in 28 accordance with an approved EGR plan. 29 (b) An energy utility may submit a generation resource 30 submittal to the commission for approval of an acquisition that the 31 energy utility intends to make in accordance with an approved 32 EGR plan. 33 (c) In a generation resource submittal under this section, an 34 energy utility must do the following: 35 (1) Describe: 36 (A) the type of technology used in the generation resource 37 to be acquired; 38 (B) the amount of capacity and energy to be acquired; 39 (C) key contractual terms for the acquisition; and 40 (D) the estimated acquisition costs. 41 (2) Demonstrate that the acquisition meets the criteria set 42 forth in the energy utility's approved EGR plan. EH 1007—LS 7547/DI 101 9 1 (3) Explain how the acquisition is consistent with or differs 2 from the energy utility's most recent integrated resource plan. 3 (4) Detail the status of customer contracts and commitments 4 that support the acquisition. 5 (5) Certify that at least thirty (30) days before the filing of the 6 generation resource submittal the energy utility held a 7 pre-filing meeting with the commission and the office of utility 8 consumer counselor to review the acquisition. 9 (6) Describe how the energy utility considered implementing 10 grid enhancing technologies to defer or minimize the need for 11 additional investment in generation. 12 (7) Describe how the acquisition will support the provision of 13 electric utility service with the attributes set forth in 14 IC 8-1-2-0.6, including: 15 (A) reliability; 16 (B) affordability; 17 (C) resiliency; 18 (D) stability; and 19 (E) environmental sustainability. 20 (8) Describe how the acquisition reasonably protects existing 21 and future customers and is consistent with: 22 (A) the provision of safe, reliable, and affordable electric 23 utility service; and 24 (B) economical rates. 25 (9) Include supporting affidavits and exhibits. 26 (10) Include a proposed order for the submittal. 27 Sec. 21. (a) This section applies to an energy utility that submits 28 to the commission for approval a generation resource submittal in 29 accordance with an approved EGR plan. 30 (b) Notwithstanding IC 8-1-8.5 or any other statute, the 31 commission may approve an energy utility's generation resource 32 submittal to construct, purchase, lease, or otherwise acquire 33 generation resources under this chapter for purposes of meeting 34 the needs of the energy utility's customers. The commission shall 35 make its decision based solely on whether the submittal meets the 36 criteria and requirements set forth in the energy utility's approved 37 EGR plan. 38 (c) The commission may: 39 (1) approve the energy utility's generation resource submittal 40 in its entirety; 41 (2) deny the energy utility's generation resource submittal in 42 its entirety; or EH 1007—LS 7547/DI 101 10 1 (3) modify the energy utility's generation resource submittal, 2 subject to the energy utility's acceptance of the modification. 3 (d) The commission shall issue a final order on the energy 4 utility's generation resource submittal not later than: 5 (1) sixty (60) days after receiving the energy utility's complete 6 generation resource submittal, if the acquisition is a clean 7 energy project (as defined in IC 8-1-8.8-2); or 8 (2) one hundred twenty (120) days after receiving the energy 9 utility's complete generation resource submittal, if the 10 acquisition would otherwise require a certificate under 11 IC 8-1-8.5-2. 12 A generation resource submittal is considered complete unless the 13 commission provides a notice of deficiency to the energy utility not 14 later than five (5) business days after the filing of the generation 15 resource submittal. A generation resource submittal is considered 16 approved if the commission does not issue a final order on the 17 generation resource submittal within the period set forth in 18 subdivision (1) or (2), as applicable. 19 Sec. 22. (a) This section applies to an energy utility that petitions 20 the commission for approval of a project to serve a large load 21 customer. 22 (b) An energy utility may submit to the commission a petition 23 for approval of a project to serve a large load customer only if the 24 following are satisfied: 25 (1) The petition concerns serving the energy needs of a large 26 load customer. 27 (2) The large load customer commits to significant and 28 meaningful financial assurances that must: 29 (A) include reimbursement by the large load customer of 30 at least eighty percent (80%) of the project costs 31 reasonably allocable to the large load customer; and 32 (B) afford protections for the energy utility's existing and 33 future customers from project costs reasonably allocable 34 to the large load customer regardless of whether the large 35 load customer ultimately takes service in the anticipated 36 amount and within the anticipated time frame. 37 (3) At least thirty (30) days before the energy utility's 38 submission of the petition to the commission, the energy 39 utility held at least one (1) pre-filing meeting with: 40 (A) the corporation; 41 (B) the office; 42 (C) the office of utility consumer counselor; EH 1007—LS 7547/DI 101 11 1 (D) the appropriate regional transmission organization; 2 and 3 (E) the large load customer; 4 to review the project. 5 (c) An energy utility may petition the commission for approval 6 of a project to serve: 7 (1) one (1) or more large load customers at one (1) or more 8 locations; or 9 (2) not more than four (4) customers whose aggregate demand 10 satisfies the amount set forth in section 10(1) of this chapter. 11 In any case in which more than one (1) large load customer is to be 12 served by a project, a reference in this chapter to one (1) large load 13 customer is a reference to all large load customers to be served by 14 the project, in accordance with IC 1-1-4-1(3). 15 (d) In submitting a petition to the commission under this section, 16 an energy utility must demonstrate that the large load customer 17 and the associated projects meet the requirements of this chapter. 18 Sec. 23. (a) This section applies to an energy utility that petitions 19 the commission for approval of a project to serve a large load 20 customer. 21 (b) In a petition under this section, an energy utility must 22 include, at a minimum, the following: 23 (1) The energy utility's complete case in chief, which must 24 include, at a minimum, the following: 25 (A) An agreement from the large load customer that 26 describes the financial assurances: 27 (i) that afford protections for the energy utility's existing 28 and future customers; and 29 (ii) to which the large load customer has committed 30 regardless of whether the large load customer ultimately 31 takes service in the anticipated amount and within the 32 anticipated time frame. 33 (B) A description of: 34 (i) the demand side management and self-generation 35 options reviewed with the large load customer; and 36 (ii) the investments the large load customer will 37 undertake to reasonably minimize the amount of 38 incremental and other costs incurred by the energy 39 utility. 40 (C) A description of how the energy utility considered 41 implementing grid enhancing technologies to defer or 42 minimize the need for additional investment in generation. EH 1007—LS 7547/DI 101 12 1 (D) A description of how the energy utility may provide for 2 the requisite amount of electricity needed by the large load 3 customer, including the estimated project costs. 4 (E) A description of how the expected project solution will 5 support the provision of electric utility service with the 6 attributes set forth in IC 8-1-2-0.6, including: 7 (i) reliability; 8 (ii) affordability; 9 (iii) resiliency; 10 (iv) stability; and 11 (v) environmental sustainability. 12 (F) A description of how the expected project solution and 13 its implementation, if approved by the commission, 14 reasonably protects existing and future customers and is 15 consistent with: 16 (i) the provision of safe, reliable, and affordable electric 17 utility service; and 18 (ii) economical rates. 19 (G) A description of the changes that the energy utility will 20 make to the energy utility's: 21 (i) submissions under IC 8-1-8.5; or 22 (ii) filings under IC 8-1-39; 23 or both, that are necessary to update the energy utility's 24 plans under those statutes to incorporate the project. 25 (H) Information concerning each: 26 (i) large load customer; and 27 (ii) economic development project; 28 included in the petition. 29 (I) A letter to the energy utility from the corporation 30 supporting the petition's request. 31 (J) A letter to the energy utility from the office certifying 32 that a pre-filing meeting took place and that at the 33 meeting: 34 (i) the large load customer's proposed project; and 35 (ii) the expected project solution proposed by the energy 36 utility; 37 were adequately discussed. 38 (K) A description of the communications and information 39 sharing that: 40 (i) took place with the appropriate regional transmission 41 organization before the pre-filing meeting described in 42 clause (J); and EH 1007—LS 7547/DI 101 13 1 (ii) concerned the capacity and energy needs of each 2 large load customer included in the petition. 3 (L) A proposed order for the petition. 4 (2) A copy of a notice of filing with: 5 (A) the corporation; 6 (B) the office; 7 (C) the office of utility consumer counselor; and 8 (D) the appropriate regional transmission organization. 9 A notice that is delivered electronically to the parties set forth 10 in this subdivision satisfies the notice requirement under this 11 subdivision. 12 Sec. 24. (a) This section applies to an energy utility that petitions 13 the commission for approval of a project to serve a large load 14 customer. 15 (b) The commission may approve a petition in whole or in part. 16 The commission shall make its decision based on whether the relief 17 requested is just, reasonable, and in the public interest. The 18 commission shall issue its final order on the petition not later than 19 one hundred fifty (150) days after receiving the energy utility's 20 complete petition and case in chief. A petition is considered: 21 (1) complete unless the commission provides a notice of 22 deficiency to the energy utility not later than seven (7) 23 business days after the filing of the petition; and 24 (2) approved if the commission does not issue a final order on 25 the petition within the one hundred fifty (150) day period set 26 forth in this subsection. 27 (c) If an energy utility files a petition that includes one (1) or 28 more large load customers and one (1) or more proposed projects, 29 the commission may: 30 (1) approve the energy utility's petition in its entirety; 31 (2) deny the energy utility's petition in its entirety; or 32 (3) modify the petition, subject to the energy utility's 33 acceptance of the modification. 34 (d) The commission may approve a reasonable risk premium for 35 a project if requested in an energy utility's petition and if the 36 commission finds that the reasonable risk premium is appropriate. 37 If the commission approves a reasonable risk premium: 38 (1) the large load customer is responsible for the amount of 39 the reasonable risk premium; and 40 (2) the reasonable risk premium may not be: 41 (A) included in the energy utility's: 42 (i) revenue requirement; EH 1007—LS 7547/DI 101 14 1 (ii) authorized net operating income; or 2 (iii) calculations under IC 8-1-2-42(d)(3) or 3 IC 8-1-2-42(g)(3)(C); or 4 (B) otherwise considered for purposes of setting the 5 authorized return in any future general rate case or other 6 regulatory proceeding involving the energy utility. 7 (e) The commission may approve an energy utility's request to 8 construct, purchase, lease, or otherwise acquire an energy 9 generation resource under this chapter (notwithstanding and 10 instead of under IC 8-1-2.5, IC 8-1-8.5, or IC 8-1-8.8) for the 11 purpose of serving one (1) or more large load customers. In 12 approving an energy utility's request under this chapter to acquire 13 an energy generation resource to serve one (1) or more large load 14 customers, the commission must find that: 15 (1) the information provided by the energy utility under 16 section 23 of this chapter is complete; 17 (2) reasonable and demonstrable consideration was given to 18 nongeneration alternatives by the parties involved; 19 (3) existing and future customers of the energy utility will be 20 adequately protected if the request is granted; and 21 (4) the energy utility has considered the impact of the request 22 on the energy utility's preferred resource portfolio in the 23 energy utility's most recent integrated resource plan. 24 (f) An energy utility shall promptly notify the commission if, 25 after the commission has approved a petition under subsection (e), 26 one (1) or more of the large load customers with respect to whom 27 the petition was approved: 28 (1) no longer requires service from the energy utility or 29 materially alters or terminates the large load customer's 30 service requirements; and 31 (2) the project is incomplete. 32 (g) The commission may, not later than sixty (60) days after 33 receiving a notice under subsection (f), conduct an investigation 34 under IC 8-1-2-58 through IC 8-1-2-60 to determine whether the 35 public interest would still be served by completion of the project. 36 An investigation under this subsection does not preclude the energy 37 utility from continuing construction of the project to serve the 38 large load customer or from continuing to serve the large load 39 customer. If the commission finds that completion of the project is 40 no longer in the public interest, the commission may modify or 41 revoke the order approving the petition. 42 Sec. 25. (a) The commission shall review an energy utility's: EH 1007—LS 7547/DI 101 15 1 (1) estimated acquisition costs submitted under section 2 20(c)(1)(D) of this chapter; or 3 (2) estimated project costs filed under section 23(b)(1)(D) of 4 this chapter; 5 as applicable. 6 (b) If the commission approves, with or without modification, an 7 energy utility's generation resource submittal or petition for 8 approval of a project, the energy utility may recover: 9 (1) acquisition costs; or 10 (2) project costs; 11 as applicable, that have been reviewed and found reasonable by the 12 commission, with a return at the energy utility's weighted average 13 cost of capital. 14 (c) If the commission denies an energy utility's generation 15 resource submittal or petition for approval of a project, the energy 16 utility may recover planning costs that have been reviewed and 17 found reasonable by the commission, without a return. 18 (d) Absent fraud, concealment, or gross mismanagement, an 19 energy utility may recover: 20 (1) acquisition costs; or 21 (2) project costs; 22 as applicable, with a return at the energy utility's weighted average 23 cost of capital, that the energy utility has incurred or contractually 24 will incur in reliance on a commission order issued under this 25 chapter. 26 Sec. 26. (a) Upon request by an energy utility, the commission 27 shall determine whether the information and related materials 28 filed or submitted, or to be filed or submitted, by an energy utility 29 under this chapter: 30 (1) are confidential under IC 5-14-3-4 or are trade secrets 31 under IC 24-2-3; 32 (2) are exempt from public access and disclosure by Indiana 33 law; and 34 (3) must be treated as confidential and protected from public 35 access and disclosure by the commission. 36 (b) The parties to a pre-filing meeting under this chapter shall 37 execute a nondisclosure agreement to review or discuss 38 information or materials considered confidential under IC 5-14-3-4 39 or to be trade secrets under IC 24-2-3. 40 (c) If the corporation is in negotiations with an industrial, 41 research, or commercial prospect about a potential economic 42 development project and, based on communications related to EH 1007—LS 7547/DI 101 16 1 those negotiations, determines that the potential economic 2 development project for a new or expanded facility in Indiana may 3 result in the economic development project requiring new or 4 increased energy demand of at least twenty (20) megawatts, the 5 corporation shall notify the affected energy utility not later than 6 fifteen (15) days after making the determination. All 7 communications of the corporation, including notice under this 8 section to an affected energy utility, regarding a potential economic 9 development project are considered confidential and exempt from 10 disclosure under IC 5-14-3-4(b)(5). Upon the corporation's 11 provision of the notice required by this subsection, any subsequent: 12 (1) meeting; 13 (2) pre-filing meeting; 14 (3) communications; or 15 (4) information sharing; 16 involving the corporation, the affected energy utility, or the 17 industrial, research, or commercial prospect about a potential 18 economic development project may be subject to a nondisclosure 19 agreement with respect to information or materials considered 20 confidential under IC 5-14-3-4 or to be trade secrets under 21 IC 24-2-3. 22 (d) An energy utility may request, and the commission may 23 approve, financial incentives under IC 8-1-8.8-11(a) for: 24 (1) an acquisition; or 25 (2) a project; 26 that qualifies as a clean energy project (as defined in IC 8-1-8.8-2). 27 (e) An energy utility may request that review of an arrangement 28 under IC 8-1-2-24 and any related rates and charges under 29 IC 8-1-2-25 that are: 30 (1) submitted with a generation resource submittal; or 31 (2) filed with a petition for a project; 32 under this chapter be reviewed and approved or denied by the 33 commission not later than ninety (90) days after the date of 34 submittal or filing, as applicable. 35 (f) Notwithstanding IC 8-1-8.5 or any other applicable statute, 36 an energy utility may begin construction of an acquisition or a 37 project before filing a petition or submittal under this chapter. 38 (g) The commission may require an energy utility to file with the 39 commission progress reports and updates with respect to an 40 acquisition or project under this chapter. Any required progress 41 reports or updates under this subsection shall be made in a form 42 and at a frequency that the commission determines to be EH 1007—LS 7547/DI 101 17 1 reasonable. 2 SECTION 3. IC 8-1-8.5-2.1, AS AMENDED BY THE 3 TECHNICAL CORRECTIONS BILL OF THE 2025 GENERAL 4 ASSEMBLY, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE 5 JULY 1, 2025]: Sec. 2.1. (a) This section does not apply to the 6 retirement, sale, or transfer of: 7 (1) a public utility's electric generation facility if the retirement, 8 sale, or transfer is necessary in order for the public utility to 9 comply with a federal consent decree; or 10 (2) an electric generation facility that generates electricity for sale 11 exclusively to the wholesale market. 12 (b) A public utility shall notify the commission if: 13 (1) the public utility intends or decides to retire, sell, or transfer 14 an electric generation facility with a capacity of at least eighty 15 (80) megawatts; and 16 (2) the retirement, sale, or transfer: 17 (A) was not set forth in; or 18 (B) is to take place on a date earlier than the date specified in; 19 the public utility's short term action plan in the public utility's 20 most recently filed integrated resource plan. 21 (c) Upon receiving notice from a public utility under subsection (b), 22 the commission shall consider and may investigate, under IC 8-1-2-58 23 through IC 8-1-2-60, the public utility's intention or decision to retire, 24 sell, or transfer the electric generation facility. In considering the public 25 utility's intention or decision under this subsection, the commission 26 shall examine the impact the retirement, sale, or transfer would have on 27 the public utility's ability to meet: 28 (1) the public utility's planning reserve margin requirements or 29 other federal reliability requirements that the public utility is 30 obligated to meet, as described in section 13(i)(4) 13(n)(6) of this 31 chapter; and 32 (2) the reliability adequacy metrics set forth in section 13(e) 13(h) 33 of this chapter. 34 (d) Before July 1, 2026, if: 35 (1) a public utility intends or decides to retire, sell, or transfer an 36 electric generation facility with a capacity of at least eighty (80) 37 megawatts; and 38 (2) the retirement, sale, or transfer: 39 (A) was not set forth in; or 40 (B) is to take place on a date earlier than the date specified in; 41 the public utility's short term action plan in the public utility's 42 most recently filed integrated resource plan; EH 1007—LS 7547/DI 101 18 1 the commission shall not permit the public utility's depreciation rates, 2 as established under IC 8-1-2-19, to be amended to reflect the 3 accelerated date for the retirement, sale, or transfer of the electric 4 generation asset unless the commission finds that such an adjustment 5 is necessary to ensure the ability of the public utility to provide reliable 6 service to its customers, and that the unamended depreciation rates 7 would cause an unjust and unreasonable impact on the public utility 8 and its ratepayers. 9 (e) The commission may issue a general administrative order to 10 implement this section. 11 (f) This section expires July 1, 2026. 12 SECTION 4. IC 8-1-8.5-13, AS AMENDED BY P.L.93-2024, 13 SECTION 68, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE 14 JULY 1, 2025]: Sec. 13. (a) The general assembly finds that it is in the 15 public interest to support the reliability, availability, and diversity of 16 electric generating capacity in Indiana for the purpose of providing 17 reliable and stable electric service to customers of public utilities. 18 (b) As used in this section, "appropriate regional transmission 19 organization", with respect to a public utility, refers to the regional 20 transmission organization approved by the Federal Energy Regulatory 21 Commission for the control area that includes the public utility's 22 assigned service area (as defined in IC 8-1-2.3-2). 23 (c) As used in this section, "capacity market" means an auction 24 conducted by an appropriate regional transmission organization to 25 determine a market clearing price for capacity based on the planning 26 reserve margin requirements established by the appropriate regional 27 transmission organization for a planning year with respect to which an 28 auction has not yet been conducted. 29 (d) As used in this section, "fall unforced capacity", or "fall UCAP", 30 with respect to an electric generating facility, means: 31 (1) the capacity value of the electric generating facility's installed 32 capacity rate adjusted for the electric generating facility's average 33 forced outage rate for the fall period, calculated as required by the 34 appropriate regional transmission organization or by the Federal 35 Energy Regulatory Commission; 36 (2) a metric that is similar to the metric described in subdivision 37 (1) and that is required by the appropriate regional transmission 38 organization; or 39 (3) if the appropriate regional transmission organization does not 40 require a metric described in subdivision (1) or (2), a metric that: 41 (A) can be used to demonstrate that a public utility has 42 sufficient capacity to: EH 1007—LS 7547/DI 101 19 1 (i) provide reliable electric service to Indiana customers for 2 the fall period; and 3 (ii) meet its planning reserve margin requirement and other 4 federal reliability requirements described in subsection 5 (l)(4); (n)(6); and 6 (B) is acceptable to the commission. 7 (e) As used in this section, "MISO" refers to the regional 8 transmission organization known as the Midcontinent Independent 9 System Operator that operates the bulk power transmission system 10 serving most of the geographic territory in Indiana. 11 (f) As used in this section, "planning reserve margin requirement", 12 with respect to a public utility for a particular resource planning year, 13 means the planning reserve margin requirement for that planning year 14 that the public utility is obligated to meet in accordance with the public 15 utility's membership in the appropriate regional transmission 16 organization. 17 (g) As used in this section, "refuel" or "refueling" means a 18 planned fuel conversion from one fuel source to another fuel source 19 with respect to an electric generation resource with a nameplate 20 capacity of at least one hundred twenty-five (125) megawatts by a 21 public utility. 22 (g) (h) As used in this section, "reliability adequacy metrics", with 23 respect to a public utility, means calculations used to demonstrate all 24 of the following: 25 (1) Subject to subsection (q)(2)(B), (u)(2), that the public utility: 26 (A) has in place sufficient summer UCAP; or 27 (B) can reasonably acquire not more than: 28 (i) thirty percent (30%) of its total summer UCAP from 29 capacity markets, with respect to a report filed with the 30 commission under subsection (l) (n) before July 1, 2023; or 31 (ii) fifteen percent (15%) of its total summer UCAP from 32 capacity markets, with respect to a report filed with the 33 commission under subsection (l) (n) after June 30, 2023; 34 such that it will have sufficient summer UCAP; 35 to provide reliable electric service to Indiana customers, and to 36 meet its planning reserve margin requirement and other federal 37 reliability requirements described in subsection (l)(4). (n)(6). 38 (2) Subject to subsection (q)(2)(B), (u)(2), that the public utility: 39 (A) has in place sufficient winter UCAP; or 40 (B) can reasonably acquire not more than: 41 (i) thirty percent (30%) of its total winter UCAP from 42 capacity markets, with respect to a report filed with the EH 1007—LS 7547/DI 101 20 1 commission under subsection (l) (n) before July 1, 2023; or 2 (ii) fifteen percent (15%) of its total winter UCAP from 3 capacity markets, with respect to a report filed with the 4 commission under subsection (l) (n) after June 30, 2023; 5 such that it will have sufficient winter UCAP; 6 to provide reliable electric service to Indiana customers, and to 7 meet its planning reserve margin requirement and other federal 8 reliability requirements described in subsection (l)(4). (n)(6). 9 (3) Subject to subsection (q)(2)(B), (u)(2), with respect to a report 10 filed with the commission under subsection (l) (n) after June 30, 11 2026, that the public utility: 12 (A) has in place sufficient spring UCAP; or 13 (B) can reasonably acquire not more than fifteen percent 14 (15%) of its total spring UCAP from capacity markets, such 15 that it will have sufficient spring UCAP; 16 to provide reliable electric service to Indiana customers, and to 17 meet its planning reserve margin requirement and other federal 18 reliability requirements described in subsection (l)(4). (n)(6). 19 (4) Subject to subsection (q)(2)(B), (u)(2), with respect to a report 20 filed with the commission under subsection (l) (n) after June 30, 21 2026, that the public utility: 22 (A) has in place sufficient fall UCAP; or 23 (B) can reasonably acquire not more than fifteen percent 24 (15%) of its total fall UCAP from capacity markets, such that 25 it will have sufficient fall UCAP; 26 to provide reliable electric service to Indiana customers, and to 27 meet its planning reserve margin requirement and other federal 28 reliability requirements described in subsection (l)(4). (n)(6). 29 (i) As used in this section, "retire" or retirement" means a 30 planned permanent ceasing of electric generation operations with 31 respect to an electric generation resource with a nameplate 32 capacity of at least one hundred twenty-five (125) megawatts by a 33 public utility. 34 (h) (j) As used in this section, "spring unforced capacity", or "spring 35 UCAP", with respect to an electric generating facility, means: 36 (1) the capacity value of the electric generating facility's installed 37 capacity rate adjusted for the electric generating facility's average 38 forced outage rate for the spring period, calculated as required by 39 the appropriate regional transmission organization or by the 40 Federal Energy Regulatory Commission; 41 (2) a metric that is similar to the metric described in subdivision 42 (1) and that is required by the appropriate regional transmission EH 1007—LS 7547/DI 101 21 1 organization; or 2 (3) if the appropriate regional transmission organization does not 3 require a metric described in subdivision (1) or (2), a metric that: 4 (A) can be used to demonstrate that a public utility has 5 sufficient capacity to: 6 (i) provide reliable electric service to Indiana customers for 7 the spring period; and 8 (ii) meet its planning reserve margin requirement and other 9 federal reliability requirements described in subsection 10 (l)(4); (n)(6); and 11 (B) is acceptable to the commission. 12 (i) (k) As used in this section, "summer unforced capacity", or 13 "summer UCAP", with respect to an electric generating facility, means: 14 (1) the capacity value of the electric generating facility's installed 15 capacity rate adjusted for the electric generating facility's average 16 forced outage rate for the summer period, calculated as required 17 by the appropriate regional transmission organization or by the 18 Federal Energy Regulatory Commission; or 19 (2) a metric that is similar to the metric described in subdivision 20 (1) and that is required by the appropriate regional transmission 21 organization. 22 (j) (l) As used in this section, "winter unforced capacity", or "winter 23 UCAP", with respect to an electric generating facility, means: 24 (1) the capacity value of the electric generating facility's installed 25 capacity rate adjusted for the electric generating facility's average 26 forced outage rate for the winter period, calculated as required by 27 the appropriate regional transmission organization or by the 28 Federal Energy Regulatory Commission; 29 (2) a metric that is similar to the metric described in subdivision 30 (1) and that is required by the appropriate regional transmission 31 organization; or 32 (3) if the appropriate regional transmission organization does not 33 require a metric described in subdivision (1) or (2), a metric that: 34 (A) can be used to demonstrate that a public utility has 35 sufficient capacity to: 36 (i) provide reliable electric service to Indiana customers for 37 the winter period; and 38 (ii) meet its planning reserve margin requirement and other 39 federal reliability requirements described in subsection 40 (l)(4); (n)(6); and 41 (B) is acceptable to the commission. 42 (k) (m) A public utility that owns and operates an electric EH 1007—LS 7547/DI 101 22 1 generating facility serving customers in Indiana shall operate and 2 maintain the facility using good utility practices and in a manner: 3 (1) reasonably intended to support the provision of reliable and 4 economic electric service to customers of the public utility; and 5 (2) reasonably consistent with the resource reliability 6 requirements of MISO or any other appropriate regional 7 transmission organization; and 8 (3) reasonably maximizes the economic value of the electric 9 generating facility. 10 (l) (n) Not later than thirty (30) days after the deadline for 11 submitting an annual planning reserve margin report to MISO, each 12 public utility providing electric service to Indiana customers shall, 13 regardless of whether the public utility is required to submit an annual 14 planning reserve margin report to MISO, file with the commission a 15 report, in a form specified by the commission, that provides the 16 following information for each of the next three (3) resource planning 17 years, beginning with the planning year covered by the planning 18 reserve margin report to MISO described in this subsection: 19 (1) The: 20 (A) capacity; 21 (B) location; and 22 (C) fuel source; 23 for each electric generating facility that is owned and operated by 24 the electric utility and that will be used to provide electric service 25 to Indiana customers. 26 (2) With respect to a report submitted to the commission after 27 December 31, 2025, the amount of generating resource 28 capacity or energy, or both, that the public utility plans to 29 retire and that is owned and operated by the public utility and 30 used to provide retail electric service in Indiana, including 31 the: 32 (A) capacity; 33 (B) location; 34 (C) fuel source; and 35 (D) planned retirement date; 36 for each electric generating facility. The public utility must 37 include information as to whether the planned retirement is 38 required in order to comply with environmental laws, 39 regulations, or court orders, including consent decrees, that 40 are or will be in effect at the time of the planned retirement. 41 In addition, the public utility must provide its economic 42 rationale for the planned retirement, including anticipated EH 1007—LS 7547/DI 101 23 1 ratepayer impacts, and information concerning the public 2 utility's plan or plans with respect to the amount of 3 replacement capacity identified to provide approximately the 4 same accredited capacity within the appropriate regional 5 transmission organization as the amount of capacity of the 6 facility to be retired. 7 (3) With respect to a report submitted to the commission after 8 December 31, 2025, the amount of generating resource 9 capacity or energy, or both, that the public utility plans to 10 refuel, including the: 11 (A) capacity; 12 (B) location; 13 (C) existing fuel source; 14 (D) proposed fuel source; and 15 (E) planned completion date of the refueling; 16 with respect to each electric generating facility that the public 17 utility plans to refuel. The public utility must provide its 18 economic rationale for the planned refueling, including 19 anticipated ratepayer impacts, and information concerning 20 the public utility's plan or plans with respect to the extent to 21 which the refueling will maintain or increase the current 22 generating resource accredited capacity or energy, or both, 23 that the electric generating facility provides, so as to provide 24 approximately the same accredited capacity within the 25 appropriate regional transmission organization. 26 (2) (4) The amount of generating resource capacity or energy, or 27 both, that the public utility has procured under contract and that 28 will be used to provide electric service to Indiana customers, 29 including the: 30 (A) capacity; 31 (B) location; and 32 (C) fuel source; 33 for each electric generating facility that will supply capacity or 34 energy under the contract, to the extent known by the public 35 utility. 36 (3) (5) The amount of demand response resources available to the 37 public utility under contracts and tariffs. 38 (4) (6) The following: 39 (A) The planning reserve margin requirements established by 40 MISO for the planning years covered by the report, to the 41 extent known by the public utility with respect to any 42 particular planning year covered by the report. EH 1007—LS 7547/DI 101 24 1 (B) If applicable, any other planning reserve margin 2 requirement that: 3 (i) applies to the planning years covered by the report; and 4 (ii) the public utility is obligated to meet in accordance with 5 the public utility's membership in an appropriate regional 6 transmission organization; 7 to the extent known by the public utility with respect to any 8 particular planning year covered by the report. 9 (C) Other federal reliability requirements that the public utility 10 is obligated to meet in accordance with its membership in an 11 appropriate regional transmission organization with respect to 12 the planning years covered by the report, to the extent known 13 by the public utility with respect to any particular planning 14 year covered by the report. 15 For each planning reserve margin requirement reported under 16 clause (A) or (B), the public utility shall include a comparison of 17 that planning reserve margin requirement to the planning reserve 18 margin requirement established by the same regional transmission 19 organization for the 2021-2022 planning year. 20 (5) (7) The reliability adequacy metrics of the public utility, as 21 forecasted for the three (3) planning years covered by the report. 22 (m) (o) Upon request by a public utility, the commission shall 23 determine whether information provided in a report filed by the public 24 utility under subsection (l): (n): 25 (1) is confidential under IC 5-14-3-4 or is a trade secret under 26 IC 24-2-3; 27 (2) is exempt from public access and disclosure by Indiana law; 28 and 29 (3) shall be treated as confidential and protected from public 30 access and disclosure by the commission. 31 (n) (p) A joint agency created under IC 8-1-2.2 may file the report 32 required under subsection (l) (n) as a consolidated report on behalf of 33 any or all of the municipally owned utilities that make up its 34 membership. 35 (o) (q) A: 36 (1) corporation organized under IC 23-17 that is an electric 37 cooperative and that has at least one (1) member that is a 38 corporation organized under IC 8-1-13; or 39 (2) general district corporation within the meaning of 40 IC 8-1-13-23; 41 may file the report required under subsection (l) (n) as a consolidated 42 report on behalf of any or all of the cooperatively owned electric EH 1007—LS 7547/DI 101 25 1 utilities that it serves. 2 (p) (r) In reviewing a report filed by a public utility under 3 subsection (l), (n), the commission may request technical assistance 4 from MISO or any other appropriate regional transmission organization 5 in determining: 6 (1) the planning reserve margin requirements or other federal 7 reliability requirements that the public utility is obligated to meet, 8 as described in subsection (l)(4); (n)(6); and 9 (2) whether the resources available to the public utility under 10 subsections (l)(1) (n)(1) through (l)(3) (n)(5) will be adequate to 11 support the provision of reliable electric service to the public 12 utility's Indiana customers. 13 (s) With respect to a report submitted under subsection (n) after 14 December 31, 2025, commission staff shall review the reports 15 submitted by public utilities and shall, not later than ninety (90) 16 days after the date of submission of the reports, submit to the 17 commission a staff report concerning any planned retirements 18 included in the reports under subsection (n)(2). The report must 19 make recommendations to the commission based on whether each 20 planned retirement: 21 (1) is consistent with the standards set forth in subsection (m); 22 (2) will be replaced with an amount of replacement capacity 23 that will provide approximately the same accredited capacity 24 within the appropriate regional transmission organization as 25 the amount of capacity of the facility to be retired; 26 (3) will not adversely and unreasonably impact a public 27 utility's ability to provide safe, reliable, and economical 28 electric utility service to the public utility's customers; 29 (4) will result in the provision to Indiana customers of electric 30 utility service with the attributes of: 31 (A) reliability; 32 (B) affordability; 33 (C) resiliency; 34 (D) stability; and 35 (E) environmental sustainability; 36 as set forth in IC 8-1-2-0.6; and 37 (5) is required in order to comply with environmental laws, 38 regulations, or court orders, including consent decrees, that 39 are or will be in effect at the time of the planned retirement. 40 (t) The commission shall make the staff reports prepared under 41 subsection (s) publicly available by posting the staff reports on the 42 commission's website. Upon the posting of a staff report on the EH 1007—LS 7547/DI 101 26 1 commission's website, the commission shall accept public 2 comments on the report for a period not to exceed thirty (30) days 3 after the date of posting. 4 (q) (u) If, after reviewing a report filed by a public utility under 5 subsection (l), (n) and any staff report prepared with respect to the 6 public utility under subsection (s), the commission is not satisfied 7 that the public utility can either: 8 (1) provide reliable electric service to the public utility's Indiana 9 customers; or 10 (2) either: 11 (A) (1) satisfy both: 12 (i) (A) its planning reserve margin requirement or other 13 federal reliability requirements that the public utility is 14 obligated to meet, as described in subsection (l)(4); (n)(6); and 15 (ii) (B) the reliability adequacy metrics set forth in subsection 16 (g); (h); or 17 (B) (2) provide sufficient reason as to why the public utility is 18 unable to satisfy both: 19 (i) (A) its planning reserve margin requirement or other 20 federal reliability requirements that the public utility is 21 obligated to meet, as described in subsection (l)(4); (n)(6); and 22 (ii) (B) the reliability adequacy metrics set forth in subsection 23 (g); (h); 24 during one (1) more of the planning years covered by the report, the 25 commission may shall conduct an investigation under IC 8-1-2-58 26 through IC 8-1-2-60 as to the reasons for the public utility's potential 27 inability to meet the requirements described in subdivision (1) or (2), 28 or both. provide sufficient reason as to that inability, as described 29 in subdivision (2). In addition, if the public utility has indicated in 30 its report under subsection (n)(2) that it plans to retire an electric 31 generating facility within one (1) year of the date of the report, the 32 commission must conduct an investigation under IC 8-1-2-58 33 through IC 8-1-2-60 as to the reasons for the public utility's 34 potential inability to meet the requirements described in 35 subdivision (1) or provide sufficient reason as to that inability, as 36 described in subdivision (2). However, a public utility may request, 37 not earlier than three (3) years before the planned retirement date 38 of an electric generation facility, that the commission conduct an 39 investigation under IC 8-1-2-58 through IC 8-1-2-60, for the 40 purposes described in this subsection, with respect to the planned 41 retirement. If the commission conducts an investigation at the 42 request of a public utility within the three (3) year period before EH 1007—LS 7547/DI 101 27 1 the planned retirement date of an electric generation facility, the 2 commission may not conduct a subsequent investigation that would 3 otherwise be required under this subsection with respect to the 4 retirement of that same electric generation facility unless the 5 commission is not satisfied, as of the time that an investigation 6 would otherwise be required under this subsection, that the public 7 utility can meet the requirements described in subdivision (1) or 8 provide sufficient reason as to that inability, as described in 9 subdivision (2). If a certificate is granted by the commission under 10 this chapter for a facility intended to repower or replace a 11 generation unit that is planned for retirement, and the certificate 12 includes findings that the project will result in at least equivalent 13 accredited capacity and will provide economic benefit to 14 ratepayers as compared to the continued operation of the 15 generating unit to be retired, the certificate under this chapter 16 constitutes approval by the commission for purposes of an 17 investigation required by this subsection. However, if the 18 commission finds that facts and circumstances regarding the 19 planned retirement have changed significantly since the certificate 20 was granted and that those changes concern the public utility's 21 ability to meet the requirements described in subdivision (1), the 22 commission may conduct an investigation into the planned 23 retirement of the unit. 24 (r) (v) If, upon investigation under IC 8-1-2-58 through IC 8-1-2-60, 25 and after notice and hearing, as required by IC 8-1-2-59, the 26 commission determines that the capacity resources available to the 27 public utility under subsections (l)(1) (n)(1) through (l)(3) (n)(5) will 28 not be adequate to support the provision of reliable electric service to 29 the public utility's Indiana customers, or to allow the public utility to 30 satisfy both its planning reserve margin requirements or other federal 31 reliability requirements that the public utility is obligated to meet (as 32 described in subsection (l)(4)) (n)(6)) and the reliability adequacy 33 metrics set forth in subsection (g), (h), the commission shall issue an 34 order: 35 (1) directing the public utility to acquire or construct; or 36 (2) prohibiting the retirement or refueling of; 37 such capacity resources that are reasonable and necessary to enable the 38 public utility to provide reliable electric service to its Indiana 39 customers, and to satisfy both its planning reserve margin requirements 40 or other federal reliability requirements described in subsection (l)(4) 41 (n)(6) and the reliability adequacy metrics set forth in subsection (g). 42 (h). The commission shall issue an order under this subsection not EH 1007—LS 7547/DI 101 28 1 later than one hundred twenty (120) days after the initiation of the 2 investigation under subsection (u). If the commission does not issue 3 an order within the one hundred twenty (120) day period 4 prescribed by this subsection, the public utility is considered to be 5 able to meet the requirements described in subsection (u)(1) with 6 respect to the retirement of the electric generation facility under 7 investigation. Not later than ninety (90) days after the date of the 8 commission's an order by the commission under this subsection, the 9 public utility shall file for approval with the commission a plan to 10 comply with the commission's order. Notwithstanding IC 8-1-3 or 11 any other law, any appeal of an order by the commission under this 12 subsection is entitled to priority review and shall be given 13 expedited consideration in accordance with Rule 21 of the Indiana 14 Rules of Appellate Procedure. 15 (w) With respect to a report submitted under subsection (n) 16 after December 31, 2025, if the commission issues an order under 17 subsection (v) to prohibit the retirement or refueling of an electric 18 generation resource, the commission shall create a sub-docket to 19 authorize the public utility to recover in rates the costs of the 20 continued operation of the electric generation resource that was 21 proposed to be retired or refueled. The commission must find that 22 the continued costs of operation are just and reasonable before 23 authorizing their recovery in the public utility's rates. The creation 24 of a sub-docket under this subsection is not subject to the one 25 hundred twenty (120) day time frame for the commission to issue 26 an order under subsection (v). 27 The (x) A public utility's plan under subsection (v) may include: 28 (1) a request for a certificate of public convenience and necessity 29 under this chapter; or 30 (2) an application under IC 8-1-8.8; 31 or both. 32 (s) (y) Beginning in 2022, the commission shall include in its annual 33 report under IC 8-1-1-14 the following information: 34 (1) The commission's analysis regarding the ability of public 35 utilities to: 36 (A) provide reliable electric service to Indiana customers; and 37 (B) satisfy both: 38 (i) their planning reserve margin requirements or other 39 federal reliability requirements; and 40 (ii) the reliability adequacy metrics set forth in subsection 41 (g); (h); 42 for the next three (3) utility resource planning years, based on the EH 1007—LS 7547/DI 101 29 1 most recent reports filed by public utilities under subsection (l). 2 (n). 3 (2) A summary of: 4 (A) the projected demand for retail electricity in Indiana over 5 the next calendar year; and 6 (B) the amount and type of capacity resources committed to 7 meeting the projected demand; 8 (C) beginning with the commission's annual report due 9 before October 1, 2026, and in each subsequent annual 10 report, the planned retirements or refuelings of electric 11 generation resources and the plans to replace or retain the 12 capacity or energy, or both, of the electric generation 13 resources planned to be retired or refueled; and 14 (D) beginning with the commission's annual report due 15 before October 1, 2026, and in each subsequent annual 16 report, the reports of commission staff under subsection 17 (s). 18 In preparing the summary required under this subdivision, the 19 commission may consult with the forecasting group established 20 under section 3.5 of this chapter. 21 (3) Beginning with the commission's annual report filed under 22 IC 8-1-1-14 in 2025, the commission's analysis regarding the 23 appropriate percentage or portion of: 24 (A) total spring UCAP that public utilities should be 25 authorized to acquire from capacity markets under subsection 26 (g)(3)(B); (h)(3)(B); and 27 (B) total fall UCAP that public utilities should be authorized 28 to acquire from capacity markets under subsection (g)(4)(B). 29 (h)(4)(B). 30 (t) (z) The commission may adopt rules under IC 4-22-2 to 31 implement this section. 32 SECTION 5. An emergency is declared for this act. EH 1007—LS 7547/DI 101 30 COMMITTEE REPORT Mr. Speaker: Your Committee on Utilities, Energy and Telecommunications, to which was referred House Bill 1007, has had the same under consideration and begs leave to report the same back to the House with the recommendation that said bill be amended as follows: Page 2, line 26, delete "ten percent (10%)" and insert "twenty percent (20%)". Page 3, line 17, delete "installed" and insert "manufactured". Page 3, line 26, after "1." insert "(a)". Page 3, line 26, after "project" insert "or an arrangement". Page 3, between lines 30 and 31, begin a new paragraph and insert: "(b) The term includes the purchase of energy or capacity through a power purchase agreement.". Page 4, line 8, delete "planning" and insert "project evaluation, analysis, and development". Page 4, line 14, delete "means an" and insert "means: (1) an electric utility listed in 170 IAC 4-7-2(a) and any successor in interest to that utility; or (2) a corporation organized under IC 8-1-13.". Page 4, delete lines 15 through 16. Page 9, between lines 21 and 22, begin a new line block indented and insert: "(10) Include a proposed order for the submittal.". Page 15, line 35, delete "determines that any potential economic" and insert "is in negotiations with an industrial, research, or commercial prospect about a potential economic development project and, based on communications related to those negotiations, determines that the potential economic development project for a new or expanded facility in Indiana may result in the economic development project requiring new or increased energy demand of at least twenty (20) megawatts, the corporation shall notify the affected energy utility not later than fifteen (15) days after making the determination. All communications of the corporation, including notice under this section to an affected energy utility, regarding a potential economic development project are considered confidential and exempt from disclosure under IC 5-14-3-4(b)(5).". Page 15, delete lines 36 through 39. Page 15, line 40, delete "later than fifteen (15) days after making the determination.". EH 1007—LS 7547/DI 101 31 Page 16, line 5, delete "one (1) or" and insert "the industrial, research, or commercial prospect about a potential economic development project". Page 16, line 6, delete "more potential new large load customers". Page 22, line 2, delete "Actual project development costs that are". Page 22, delete lines 3 through 8. Page 22, line 17, delete "Reasonable and necessary project development costs that are" and insert "Project development costs that are found by the commission to be reasonable, necessary, and consistent with the best estimate of project development costs in the commission's order of approval under subsection (e) shall be recovered by a public utility by inclusion in the public utility's rates and charges. Project development costs that are incurred by a public utility and that exceed the best estimate of project development costs under subsection (e) may not be included in the public utility's rates and charges unless found by the commission to be reasonable, necessary, and prudent in supporting the construction, purchase, or lease of the small modular nuclear reactor for which they were incurred. Project development costs that are incurred by a public utility for a project that is canceled or not completed may be recovered by the public utility if found by the commission to be reasonable, necessary, and prudently incurred, but such costs shall be recovered without a return unless the commission also finds that: (1) the decision to cancel or not complete the project was prudently made for good cause; (2) the project development costs incurred will be offset, as applicable, by: (A) funding opportunities from the United States Department of Energy that are pursued in good faith by the public utility; (B) a recoupment of revenues received by the public utility from one (1) or more third parties for the transfer of assets created through the costs incurred; or (C) a reimbursement of costs by a single customer or prospective customer at whose request the project was pursued; and (3) a return on the project development costs incurred is appropriate under the circumstances to avoid harm to the public utility and its customers. (k) A public utility may elect not to seek approval of, or cost recovery for, project development costs under subsections (e) EH 1007—LS 7547/DI 101 32 through (i) and instead seek approval from the commission to defer and amortize project development costs in accordance with the procedures set forth in section 6.5 of this chapter with respect to construction costs.". Page 22, delete lines 18 through 31. Page 22, line 32, delete "(k)" and insert "(l)". Page 22, line 33, delete "(j)." and insert "(k).". Page 22, line 34, delete "(l)" and insert "(m)". Page 24, line 1, delete "of at least one" and insert "with a nameplate capacity of at least one hundred twenty-five (125) megawatts by a public utility.". Page 24, delete line 2. Page 24, line 6, delete "(u)(2)(B)," and insert "(u)(2),". Page 24, line 20, delete "(u)(2)(B)," and insert "(u)(2),". Page 24, line 34, delete "(u)(2)(B)," and insert "(u)(2),". Page 25, line 2, delete "(u)(2)(B)," and insert "(u)(2),". Page 25, line 14, delete "of at least one hundred" and insert "with a nameplate capacity of at least one hundred twenty-five (125) megawatts by a public utility.". Page 25, delete line 15. Page 27, line 11, delete "retire," and insert "retire and that is owned and operated by the public utility and used to provide retail electric service in Indiana,". Page 27, line 16, delete "facility that the public utility" and insert "facility. The public utility must include information as to whether the planned retirement is required in order to comply with environmental laws, regulations, or court orders, including consent decrees, that are or will be in effect at the time of the planned retirement.". Page 27, line 17, delete "plans to retire. The" and insert "In addition, the". Page 27, line 22, delete "credit" and insert "accredited". Page 27, line 40, after "resource" insert "accredited". Page 27, line 41, delete "provides." and insert "provides, so as to provide approximately the same accredited capacity within the appropriate regional transmission organization.". Page 29, line 29, delete "Commission" and insert "With respect to a report submitted under subsection (n) after December 31, 2025, commission". Page 29, line 30, delete "under subsection (n)". Page 29, line 38, delete "capacity credit" and insert "accredited capacity". EH 1007—LS 7547/DI 101 33 Page 30, line 1, delete "and". Page 30, line 9, delete "IC 8-1-2-0.6." and insert "IC 8-1-2-0.6; and (5) is required in order to comply with environmental laws, regulations, or court orders, including consent decrees, that are or will be in effect at the time of the planned retirement.". Page 30, line 19, after "can" delete ":" and insert "either:". Page 30, strike lines 20 through 22. Page 30, line 23, beginning with "(A)" begin a new line block indented. Page 30, line 23, strike "(A)" and insert "(1)". Page 30, line 24, beginning with "(i)" begin a new line double block indented. Page 30, line 24, strike "(i)" and insert "(A)". Page 30, line 27, beginning with "(ii)" begin a new line double block indented. Page 30, line 27, strike "(ii)" and insert "(B)". Page 30, line 29, beginning with "(B)" begin a new line block indented. Page 30, line 29, strike "(B)" and insert "(2)". Page 30, line 31, beginning with "(i)" begin a new line double block indented. Page 30, line 31, strike "(i)" and insert "(A)". Page 30, line 34, beginning with "(ii)" begin a new line double block indented. Page 30, line 34, strike "(ii)" and insert "(B)". Page 30, line 37, strike "may" and insert "shall". Page 30, line 39, strike "(2), or both." and insert "provide sufficient reason as to that inability, as described in subdivision (2).". Page 30, line 40, delete "However," and insert "In addition,". Page 30, line 41, delete "(n)" and insert "(n)(2)". Page 31, line 3, delete "(2), or both." and insert "provide sufficient reason as to that inability, as described in subdivision (2). However, a public utility may request, not earlier than three (3) years before the planned retirement date of an electric generation facility, that the commission conduct an investigation under IC 8-1-2-58 through IC 8-1-2-60, for the purposes described in this subsection, with respect to the planned retirement. If the commission conducts an investigation at the request of a public utility within the three (3) year period before the planned retirement date of an electric generation facility, the commission may not conduct a subsequent investigation that would otherwise be required under this subsection with respect to the retirement of that same electric EH 1007—LS 7547/DI 101 34 generation facility unless the commission is not satisfied, as of the time that an investigation would otherwise be required under this subsection, that the public utility can meet the requirements described in subdivision (1) or provide sufficient reason as to that inability, as described in subdivision (2). If a certificate is granted by the commission under this chapter for a facility intended to repower or replace a generation unit that is planned for retirement, and the certificate includes findings that the project will result in at least equivalent accredited capacity and will provide economic benefit to ratepayers as compared to the continued operation of the generating unit to be retired, the certificate under this chapter constitutes approval by the commission for purposes of an investigation required by this subsection. However, if the commission finds that facts and circumstances regarding the planned retirement have changed significantly since the certificate was granted and that those changes concern the public utility's ability to meet the requirements described in subdivision (1), the commission may conduct an investigation into the planned retirement of the unit.". Page 31, line 8, strike "to support the provision of reliable electric service to". Page 31, line 9, strike "the public utility's Indiana customers, or". Page 31, line 22, after "(h)." insert "The commission shall issue an order under this subsection not later than one hundred twenty (120) days after the initiation of the investigation under subsection (u). If the commission does not issue an order within the one hundred twenty (120) day period prescribed by this subsection, the public utility is considered to be able to meet the requirements described in subsection (u)(1) with respect to the retirement of the electric generation facility under investigation.". Page 31, line 22, strike "the commission's" and insert "an". Page 31, line 23, after "order" insert "by the commission". Page 31, between lines 28 and 29, begin a new paragraph and insert: "(w) With respect to a report submitted under subsection (n) after December 31, 2025, if the commission issues an order under subsection (v) to prohibit the retirement or refueling of an electric generation resource, the commission shall create a sub-docket to authorize the public utility to recover in rates the costs of the continued operation of the electric generation resource that was proposed to be retired or refueled. The commission must find that the continued costs of operation are just and reasonable before authorizing their recovery in the public utility's rates. The creation EH 1007—LS 7547/DI 101 35 of a sub-docket under this subsection is not subject to the one hundred twenty (120) day time frame for the commission to issue an order under subsection (v).". Page 31, line 29, delete "(w)" and insert "(x)". Page 31, line 34, delete "(x)" and insert "(y)". Page 32, line 32, delete "(y)" and insert "(z)". and when so amended that said bill do pass. (Reference is to HB 1007 as introduced.) SOLIDAY Committee Vote: yeas 9, nays 4. _____ COMMITTEE REPORT Mr. Speaker: Your Committee on Ways and Means, to which was referred House Bill 1007, has had the same under consideration and begs leave to report the same back to the House with the recommendation that said bill do pass. (Reference is to HB 1007 as printed January 29, 2025.) THOMPSON Committee Vote: Yeas 16, Nays 7 _____ HOUSE MOTION Mr. Speaker: I move that House Bill 1007 be amended to read as follows: Page 3, between lines 20 and 21, begin a new paragraph and insert: "SECTION 2. IC 8-1-2-24.5 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]: Sec. 24.5. (a) As used in this section, "energy utility" means: (1) an electric utility listed in 170 IAC 4-7-2(a) and any successor in interest to that utility; or (2) a corporation organized under IC 8-1-13. (b) As used in this section, "large load customer" means a new or existing customer of an energy utility, or not more than four (4) EH 1007—LS 7547/DI 101 36 multiple new or existing customers of an energy utility, that requests new or additional electricity demand that in the aggregate exceeds the lesser of: (1) five percent (5%) of the energy utility's average peak demand over the most recent three (3) calendar years; or (2) one hundred fifty (150) megawatts. (c) As used in this section, "project" refers to a project relating to energy infrastructure or generation resources that: (1) are required primarily to serve a large load customer of an energy utility; and (2) may be designed to serve more than one (1) large load customer of the energy utility or to meet other customer demand or energy needs. (d) As used in this section, "project costs" means the total costs of a project, including: (1) planning costs; and (2) construction and operating costs; related to the project. (e) Any standard tariff offered by an energy utility after June 30, 2025, to a large load customer of the energy utility must include a provision that requires reimbursement by the large load customer of at least eighty percent (80%) of the project costs reasonably allocable to the large load customer, regardless of whether the large load customer ultimately takes service in any anticipated amount and within any anticipated time frame.". Page 10, line 29, delete "seventy-five percent (75%)" and insert "eighty percent (80%)". Page 11, line 6, after "large" insert "load". Page 13, line 24, after "hundred" insert "fifty". Renumber all SECTIONS consecutively. (Reference is to HB 1007 as printed February 6, 2025.) PIERCE M _____ COMMITTEE REPORT Mr. President: The Senate Committee on Utilities, to which was referred House Bill No. 1007, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill be AMENDED as follows: EH 1007—LS 7547/DI 101 37 Page 3, delete lines 21 through 42. Page 4, delete lines 1 through 12. Page 4, line 13, delete "IC 8-1-8.2" and insert "IC 8-1-7.9". Page 4, line 16, delete "8.2." and insert "7.9.". Page 5, line 42, delete "mean" and insert "means". Page 7, line 19, after "In" insert "a". Page 15, line 9, delete "non-generation" and insert "nongeneration". Page 17, line 19, delete "IC 8-1-2-42" and insert "IC 8-1-2-24". Page 17, line 20, delete "IC 8-1-2-43" and insert "IC 8-1-2-25". Page 17, line 24, delete "dates" and insert "days". Renumber all SECTIONS consecutively. and when so amended that said bill do pass and be reassigned to the Senate Committee on Tax and Fiscal Policy. (Reference is to HB 1007 as reprinted February 11, 2025.) KOCH, Chairperson Committee Vote: Yeas 8, Nays 3. _____ COMMITTEE REPORT Mr. President: The Senate Committee on Tax and Fiscal Policy, to which was referred Engrossed House Bill No. 1007, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill DO PASS. (Reference is to EHB 1007 as printed March 28, 2025.) HOLDMAN, Chairperson Committee Vote: Yeas 10, Nays 3 EH 1007—LS 7547/DI 101 38 SENATE MOTION Mr. President: I move that Engrossed House Bill 1007 be amended to read as follows: Page 18, delete lines 12 through 42. Delete pages 19 through 22. Page 23, delete lines 1 through 23. Renumber all SECTIONS consecutively. (Reference is to EHB 1007 as printed April 9, 2025.) KOCH EH 1007—LS 7547/DI 101