IURC and utility audits.

Summary

The bill directs the state board of accounts to audit the IURC every three years starting in 2026 and requires the audit report to be sent to the legislative services agency for distribution to lawmakers. It also lets the IURC order forensic audits of investor‑owned utilities when there is good cause or when a base‑rate case is pending after Dec. 31, 2025, and to issue corrective orders or refer criminal activity uncovered. The measure adds definitions for "public utility" and related terms and failed to pass.

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