Election of two IURC members.

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.