IN HB1209 | 2018 | Regular Session
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-01-18 - Representative Ober added as coauthor
Pending: House Government and Regulatory Reform Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 9 2018 - 25% progression, died in committee
Action: 2018-01-18 - Representative Ober added as coauthor
Pending: House Government and Regulatory Reform Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Enforcement of guaranteed savings contracts. Provides that, for all guaranteed savings contracts, the governing body must provide the attorney general a copy of the executed guaranteed savings contract, preproject energy costs and documentation of stipulated project costs and capital expenditures. Provides that the attorney general shall review all guaranteed savings contracts and supporting documentation every three years. Provides that the attorney general may bring an action to enforce the terms of a guaranteed savings contract and recover the amount owed under the guaranteed savings contract. Provides that a court may award: (1) treble damages; or (2) $25,000; whichever is greater,
Title
Enforcement of guaranteed savings contracts. Provides that, for all guaranteed savings contracts, the governing body must provide the attorney general a copy of the executed guaranteed savings contract, preproject energy costs and documentation of stipulated project costs and capital expenditures. Provides that the attorney general shall review all guaranteed savings contracts and supporting documentation every three years. Provides that the attorney general may bring an action to enforce the terms of a guaranteed savings contract and recover the amount owed under the guaranteed savings contract. Provides that a court may award: (1) treble damages; or (2) $25,000; whichever is greater,
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-01-18 | House | Representative Ober added as coauthor |
| 2018-01-09 | House | Representative Karickhoff added as coauthor |
| 2018-01-09 | House | First reading: referred to Committee on Government and Regulatory Reform |
| 2018-01-09 | House | Authored by Representative Friend |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2018/bills/house/1209/details |
| Text | http://iga.in.gov/static-documents/9/8/9/f/989f0d1b/HB1209.01.INTR.pdf |
