The new proposal would provide flexible energy efficiency goals for utility companies.
Senator Jim Merritt, R-Indianapolis, has a bill raising the limit to 90,000 barrels.
Indiana Attorney General Greg Zoeller says the bill will provide additional protection against data breaches and identity theft.
House Utilities and Energy Chairman Eric Koch says he's crafting a plan with his Senate counterpart Jim Merritt.
Republicans had urged Merritt to seek the nomination for a chance to succeed Mayor Greg Ballard.
The mayor describes it as a personal decision, unrelated to local politics. He says he won't suggest a replacement on the Republican ballot.
Indiana's energy efficiency program is being eliminated, so lawmakers need to decide on an alternative next year.
Legislators say the state needs a new energy program that is 'pro-ratepayer.'
Energizing Indiana provided about $3 in savings for every one dollar spent, before it was eliminated earlier this year.
Sen. Jim Merritt plans to pursue gun violence legislation in response to what he calls a “crisis” in Indiana’s urban areas.