KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

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HB1120 • 2026

A BILL FOR AN ACT to amend the Indiana Code concerning utilities.

A BILL FOR AN ACT to amend the Indiana Code concerning utilities.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Cindy Ledbetter
Last action
2026-01-05
Official status
Introduced House Bill (H)
Effective date
Not listed

Plain English Breakdown

The bill summary text does not provide specific details about the financial impacts or uncertainties beyond the conditions outlined in the official digest text.

Electric Plant Retirement Rules

This bill changes how Indiana's utility companies can plan for the end of their power plants' lives, affecting reports submitted after December 31, 2026.

What This Bill Does

  • Changes rules about when a public utility company can stop using an electric generation resource, like a power plant, if it does not get approval from the IURC and is not required by environmental laws.
  • Updates how companies report their plans and costs related to ending the use of these resources after December 31, 2026.

Who It Names or Affects

  • Public utility companies in Indiana
  • The IURC (Indiana Utility Regulatory Commission)

Terms To Know

IURC
Indiana Utility Regulatory Commission, which oversees public utilities
integrated resource plan
A long-term plan that a utility company makes about how it will provide electricity in the future.

Limits and Unknowns

  • The bill only applies to reports submitted after December 31, 2026.
  • It does not address situations where retiring a power plant is required by environmental laws.

Bill History

  1. 2026-01-05 House

    Authored by Representative Ledbetter

  2. 2026-01-05 House

    First reading: referred to Committee on Utilities, Energy and Telecommunications

Official Summary Text

A BILL FOR AN ACT to amend the Indiana Code concerning utilities.
Retirement of electric generation resources.

Current Bill Text

Read the full stored bill text 
A BILL FOR AN ACT to amend the Indiana Code concerning utilities.

Retirement of electric generation resources.

Amends the statute concerning public utilities' annual electric resource planning reports to the Indiana utility regulatory commission (IURC) to provide that for an annual report submitted after December 31, 2026, if: (1) after an investigation under the statute, the IURC does not issue an order to prohibit the retirement of a public utility's electric generation resource; (2) the public utility proceeds with plans to retire the electric generation resource before: (A) the date specified for the retirement in the public utility's most recently filed integrated resource plan; or (B) the end of the electric generation resource's economically useful life; and (3) the retirement is not required to comply with environmental laws, regulations, or court orders; the public utility may not recover a return on any asset retirement obligations related to the retirement in any future general rate case or other regulatory proceeding. Makes a conforming amendment to a provision concerning public utilities' depreciation rates and asset retirement obligations.