Establishes nonpartisan election of IURC members starting from 2026.

Indiana HB1433 amends the Indiana Code to establish the nonpartisan election of the five members of the Indiana Utility Regulatory Commission (IURC) starting from the 2026 general election. The bill specifies that candidates for IURC membership must have resided in Indiana for at least one year and must not have any official or professional relationship with, hold any stock or securities in, or have any pecuniary interest in a utility or a person with an interest in a utility.

Establishes nonpartisan election of IURC members starting from 2026.

Indiana HB1433 amends the Indiana Code to establish the nonpartisan election of the five members of the Indiana Utility Regulatory Commission (IURC) starting from the 2026 general election. The bill specifies that candidates for IURC membership must have resided in Indiana for at least one year and must not have any official or professional relationship with, hold any stock or securities in, or have any pecuniary interest in a utility or a person with an interest in a utility.