Eligible residents will receive a $290 dollar credit on their winter electric or gas bill.
The Indiana Department of Natural Resources is collecting information on chemicals used in hydraulic fracturing.
Gas prices were significantly lower during Fourth of July this year than they were last year.
Many retailers have been losing money while trying to avoid breaking through the four-bucks-a-gallon mark.
Senator Greg Walker's bill would have gas distributors collect gasoline sales tax when they deliver shipments to local gas stations.
Says Greg Seiter, "This is going to be a strong summer for travel once again."
Indiana retailers says the recent rise in gas prices is a direct result of the increase in the price of crude.