First reading: referred to Committee on Utilities, Energy and Telecommunications
Summary
The bill blocks the Indiana Finance Authority, the Indiana Economic Development Corporation, and local financing units from approving or incentivizing economic‑development projects that include a facility using 500,000 gallons of water per day or more, unless the water utility is notified, provides a service plan, and the plan confirms reliable supply and cost allocation to the facility. It aims to protect water resources and make sure the heavy‑water users pay for their own usage.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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