Water Use & Efficiency Strategic Goals
Regulated Business Update
Indiana
House Enrolled Act 1287
.
• Creates a mechanism that reduces the
Legislative
upfront cost to new customers to extend
service to underserved areas
.
Effective July 1, 2021
House Enrolled Act 349
• Establishes a tax rider based upon a
change in state or federal income tax law
• Requires the Indiana Finance Authority to
prioritize loans that secure long-term
benefits over shorter term projects
•
Effective April 26, 2021
Kentucky
House Bill 465
Allows for acquisition price above net book
value when certain criteria are met
• Establishes timeline of 60 to 150 days for
PSC decision
Effective June 30, 2021
Biden Administration Build Back Better
Plan
• Legislation introduced that highlights need
for investment in water and wastewater
infrastructure
• Customers benefit from low-cost state
revolving fund financing
AMERICAN WATER
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