LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
FISCAL IMPACT STATEMENT
LS 7321 NOTE PREPARED: Jan 9, 2025
BILL NUMBER: HB 1420 BILL AMENDED:
SUBJECT: Sustainably Sited Generation Projects.
FIRST AUTHOR: Rep. Culp BILL STATUS: As Introduced
FIRST SPONSOR:
FUNDS AFFECTED: GENERAL IMPACT: No Fiscal Impact
DEDICATED
FEDERAL
Summary of Legislation: This bill amends the five statutory attributes of Indiana electric utility service
policy to include sustainable siting of electric generation facility construction and specifies attributes of a
sustainably sited electric generation facility construction project.
Effective Date: July 1, 2025.
Explanation of State Expenditures:
Explanation of State Revenues:
Explanation of Local Expenditures:
Explanation of Local Revenues:
State Agencies Affected:
Local Agencies Affected:
Information Sources:
Fiscal Analyst: Abdul Abdulkadri, 317-232-9852.
HB 1420 1