Will Indiana enact a data center moratorium by December 31, 2027?

From the daily AI research

The market is about a statewide enactment, not the numerous local Indiana moratoria that have recently passed. The strongest current evidence is that the 2026 legislative session ended without statewide action, while the next major opportunity is the 2027 General Assembly; recent developments through October 14 add local pressure but no qualifying statewide measure. Starting from the 16.5% market price, I move the estimate down 2 percentage points because the 2026 opportunity has passed without enactment and no current statewide bill or official enactment is identified; the historical 15%-35% calibration, with 21.8% YES outcomes versus a 23.2% average price, is directionally consistent with a modestly lower estimate. Confidence is medium because the deadline leaves a full legislative session and late enactment can qualify, but the resolution source is not exclusive and the statewide-versus-local distinction is decisive.

Two of the key facts

• Indiana lawmakers declined to enact a statewide data center moratorium during the 2026 legislative session; the 2027 General Assembly is identified as the next major opportunity. [8]
• Indianapolis adopted a local moratorium through December 31, 2027, with the City-County Council approving it in August and the Metropolitan Development Commission giving final approval on August 19; it does not apply statewide. [1][5][6]