Increases the membership of the Indiana utility regulatory commission (IURC) from five members to seven members. Requires the two new commission members to be elected on a nonpartisan basis starting in the 2028 general election. Prohibits a candidate for the office of the Indiana utility regulatory commissioner from: (1) having an official or professional relationship or connection with; or (2) soliciting or accepting campaign contributions from; any public utility operating in Indiana. Provides that the elected commission members shall serve a term of four years and establishes a procedure to appoint a member if there is a vacancy of an elected member. Requires references to the IURC members to appoint a chair to the IURC annually. Changes "chairman" to "chair". Makes conforming changes.

Statutes affected:
Introduced Senate Bill (S): 3-5-2-48, 3-8-6-1, 3-11-2-12, 3-13-4-3, 8-1-1-2, 8-1-1-3, 8-1-1-14, 10-19-8.1-3