§ 8-1-31-5 — "Eligible infrastructure improvements"

As used in this chapter, "eligible infrastructure
improvements" means projects that:
(1) are:
(A) new water or wastewater utility distribution or collection
plant projects; or
(B) projects to relocate existing utility plant, including projects
to relocate utility plant or equipment to accommodate the
construction, reconstruction, or improvement of a highway,
street, or road (as defined in IC 8-23-1-23), including projects
under IC 8-25;
(2) do not increase revenues by connecting to new customers,
even if the projects provide greater available capacity with respect
to an eligible utility's distribution or collection plant; and
(3) either:
(A) for a public utility:
(i) are in service and used and useful; and
(ii) were not included in the public utility's rate base in its
most recent general rate case; or
(B) for a municipally owned or not-for-profit utility:
(i) are or will be extensions or replacements of projects
described in subdivision (1), as described in section 5.5(2)(B)
or 5.5(3)(B) of this chapter, as applicable;
(ii) were not included on the utility's balance sheet as plant in
service in the utility's most recent general rate case; and
(iii) are not infrastructure improvements that are being
recovered or have been recovered through rates or another
rate adjustment mechanism.

Legislative History

As added by P.L.94-2000, SEC.1. Amended by P.L.209-2014, SEC.6; P.L.212-2015, SEC.2; P.L.91-2017, SEC.6; P.L.61-2022, SEC.4.