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

Plain English Breakdown

The bill summary text does not specify what happens if conditions are not met.

Water Intensive Facility Regulations

This bill sets rules for economic development projects that include facilities using at least 500,000 gallons of water per day on average, requiring approval from certain state agencies only if specific conditions are met.

What This Bill Does

• Defines a 'water intensive facility' as one that uses an average of at least 500,000 gallons of water per day in ordinary operation.
• Requires the Indiana Finance Authority (IFA), Indiana Economic Development Corporation (IEDC), and local units to notify the water utility if such a facility is proposed.
• Needs the IFA, IEDC, or local unit to receive from the water utility a plan for providing water service that meets both ordinary and peak demands of the facility.
• Requires incremental costs of supplying water to be allocated to and paid by the water intensive facility.
• Prohibits IFA from approving bids, IEDC from granting incentives, and local units from providing financing unless these conditions are met.

Who It Names or Affects

• Proposed economic development projects involving facilities using a lot of water
• Indiana Finance Authority (IFA)
• Indiana Economic Development Corporation (IEDC)
• Local government units

Terms To Know

Water Intensive Facility

A facility that uses an average of at least 500,000 gallons of water per day in ordinary operation.

Indiana Finance Authority (IFA)

An agency responsible for approving bids for economic development projects.

Limits and Unknowns

• The bill does not specify what happens if the conditions are not met.
• It is unclear how this will affect existing facilities or those that do not meet the water usage threshold.

Official Summary Text

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

Current Bill Text

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

Water intensive facilities.

Provides that if a proposed economic development project includes proposed construction or establishment of a facility that will consume an average of at least 500,000 gallons of water per day in ordinary operation (water intensive facility), the Indiana finance authority (IFA) may not approve a bid for the project, the Indiana economic development corporation (IEDC) may not grant a job creation incentive for the project, and a local unit may not provide financing for the project unless the IFA, IEDC, or local unit: (1) provides notice of the proposed water intensive facility to the water utility that provides water utility service to the proposed location of the water intensive facility; (2) receives from the water utility a plan for provision of water utility service to the water intensive facility; (3) determines that the water utility's plan adequately ensures that: (A) the water utility can reliably meet both the ordinary and peak water demand of the water intensive facility; and (B) incremental costs of supplying water to the water intensive facility will be allocated to and paid by the water intensive facility; and (4) provides the water utility's plan to the local plan commission.