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Wednesday, January 28, 2015

Ind. Gov't. - More on "Energy chairman’s gas and oil investments raise ethics questions"

Updating this ILB post from earlier today, Tony Cook of the IndyStar is now reporting "Amid ethics concerns, House energy chairman drops bill." The story begins:

Rep. Eric Koch is backing off his push to prevent local governments from regulating oil and gas drilling after potential conflict-of-interest concerns emerged regarding his personal investments in more than two dozen oil and natural gas companies.

Koch, R-Bedford, effectively withdrew the measure on Wednesday, asking House Natural Resources Chairman Sean Eberhart to let it die in committee.

Koch’s decision comes a day after The Indianapolis Star reported on potential ethical concerns surrounding his membership in at least 28 oil and gas companies, some with operations in Indiana.

Koch was not immediately available for comment, but a spokeswoman said he no longer wanted the bill to be heard because it had become a “distraction.”

Posted by Marcia Oddi on January 28, 2015 05:58 PM
Posted to Indiana Government