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. SENATE ENROLLED ACT No. 431 AN ACT to amend the Indiana Code concerning utilities. Be it enacted by the General Assembly of the State of Indiana: SECTION 1. IC 8-1-45 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2025]: Chapter 45. Data Center Construction by Foreign Adversaries Sec. 1. As used in this chapter, "commission" refers to the Indiana utility regulatory commission created by IC 8-1-1-2. Sec. 2. As used in this chapter, "company" means any of the following: (1) A sole proprietorship. (2) An organization. (3) An association. (4) A corporation. (5) A partnership. (6) A joint venture. (7) A limited partnership. (8) A limited liability partnership. (9) A limited liability company. (10) A business association. (b) The term includes: (1) a wholly owned subsidiary; (2) a majority owned subsidiary; (3) a parent company; or SEA 431 — Concur 2 (4) an affiliate; of an individual, entity, or association described in subsection (a)(1) through (a)(10). Sec. 3. As used in this chapter, "data center" means a facility: (1) the primary services of which are the storage, management, and processing of digital data; and (2) that is used to house: (A) computer and network systems, including associated components, such as servers, network equipment and appliances, telecommunications, and data storage systems; (B) systems for monitoring and managing infrastructure performance; (C) Internet related equipment and services; (D) data communications connections; (E) environmental controls; (F) fire protection systems; and (G) security systems and services. Sec. 4. As used in this chapter, "foreign company" means a company that: (1) is at least fifty percent (50%) owned by a foreign adversary (as defined in 15 CFR 791.2); or (2) is headquartered in a country with a government that is a foreign adversary (as defined in 15 CFR 791.2). Sec. 5. As used in this chapter, "MISO" refers to the regional transmission organization known as the Midcontinent Independent System Operator, Inc. Sec. 6. As used in this chapter, "PJM" refers to the regional transmission organization known as PJM Interconnection, LLC. Sec. 7. Notwithstanding any other law, after June 30, 2025, a foreign company may not construct or cause to be constructed a data center in Indiana unless the commission and the Indiana economic development corporation conduct a joint study of the anticipated electricity use of the prospective data center and certify to the governor and the general assembly that the electricity estimated to be used by the data center will be self-generated and will not affect the load supply of MISO or PJM. SEA 431 — Concur President of the Senate President Pro Tempore Speaker of the House of Representatives Governor of the State of Indiana Date: Time: SEA 431 — Concur