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House concurs on small modular reactor package after debate over tax credits and customer protections
Summary
The Indiana House voted 63-23 to concur with Senate amendments to House Bill 1007, a measure that retains a manufacturing tax credit for small modular reactors while removing certain utility tax incentives. Lawmakers debated the bill’s budgetary cost and whether customer protections for large-load agreements were preserved.
The Indiana House on April 22 voted 63-23 to concur with Senate amendments to House Bill 1007, a measure that kept a 20% manufacturing tax credit for small modular reactors while removing utility tax-credit incentives, lawmakers said.
Supporters urged concurrence as a tool to attract manufacturers; opponents raised budget and customer-protection concerns. Representative Kyle Pierce, speaking against the concurrence motion, said the bill’s 20% tax credit carries a large fiscal cost and highlighted other provisions that, in his view, leave ratepayers vulnerable.
Pierce said the bill’s fiscal note shows the manufacturing tax credit would “at a minimum will cost $280,000,000,” and argued those funds could be spent on health care, child care and other services. “I don’t think we can afford it, quite honestly,” he said.
Pierce also criticized the removal of an amendment the House adopted on second reading that would have required large-load customers — typically data centers or other big power users — to reimburse 80% of certain expedited-generation costs under all approval pathways. He described a potential loophole that would allow a utility to seek expedited approval under an alternative path that would not trigger the 80% reimbursement requirement, leaving ordinary customers exposed to higher costs.
The representative also warned the bill creates additional review processes at the utility commission that could delay retirements of older plants. “We create a bunch of new bureaucracy,” Pierce said, adding it could keep “more expensive, obsolete coal plants” online longer.
Supporters told members the measure is needed to keep Indiana competitive for large manufacturers and to preserve economic opportunities tied to advanced-generation projects; that argument was summarized from floor remarks and not directly attributed to a single speaker in the transcript.
The House adopted the concurrence motion by voice and roll call, the tally reported as 63 ayes and 23 noes. The motion to concur was presented on the floor before debate and carried by that margin.
Because the House concurred, the bill will proceed as a single version between chambers unless further changes are made in subsequent conference actions or enrollment steps.
Votes at a glance: House Bill 1007 — concurrence adopted, 63 ayes, 23 noes.
