IURC approval of substitute natural gas contracts.

Authors: Senator Mark Messmer


Requires the Indiana finance authority (authority) to submit the following to the utility regulatory commission (commission) for approval: (1) A contract for the purchase of substitute natural gas (purchase contract). (2) An amendment to a purchase contract. (Current law requires the authority to submit the following to the commission for approval: (1) A purchase contract submitted before January 1, 2012, for approval and amendments. (2) A purchase contract entered into after December 31, 2012. (3) Amendments made at any time to any purchase contract. (4) Any other agreements between the authority and a producer of substitute natural gas.)