Indiana HB1317 amends the Indiana Code to mandate triennial audits of the Indiana Utility Regulatory Commission (IURC) and allows the IURC to conduct.
Indiana HB1317 amends the Indiana Code to require the state board of accounts to conduct an audit of the IURC's funds, accounts, financial affairs, and compliance every three years starting in 2026. The IURC is authorized to conduct forensic audits of public utilities, which may include examining accounts, specific transactions, interviews, and public disclosures. Upon completing a forensic audit, the IURC can issue orders to correct issues and refer suspected criminal activities to law enforcement. The bill also specifies how expenses for these audits are charged and paid.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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