Indiana § 8-1-31-5.5 "Infrastructure improvement costs"

Indiana Statutes

§ 8-1-31-5.5 — "Infrastructure improvement costs"

Indiana § 8-1-31-5.5

Art. 1UTILITIES GENERALLY

Ch. 31Infrastructure Improvement Charges

This text of Indiana § 8-1-31-5.5 ("Infrastructure improvement costs") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 8-1-31-5.5 (2026).

Text

5. As used in this chapter, "infrastructure improvement costs" means the following:

(1)For a public utility:

(A)depreciation expenses, including deferred depreciation expense beginning with the in service date of eligible infrastructure improvements;

(B)property taxes to be paid by the public utility based upon the first assessment date following placement in service;

(C)pretax return; and

(D)post in service carrying costs, compounded monthly and based on the overall weighted cost of capital most recently approved by the commission; associated with eligible infrastructure improvements.

(2)The following for a municipally owned utility:

(A)Depreciation expenses.

(B)Adequate money for making extensions and replacements of eligible infrastructure improvements to the extent not provided

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5. As used in this chapter, "infrastructure
improvement costs" means the following:
(1) For a public utility:
(A) depreciation expenses, including deferred depreciation
expense beginning with the in service date of eligible
infrastructure improvements;
(B) property taxes to be paid by the public utility based upon
the first assessment date following placement in service;
(C) pretax return; and
(D) post in service carrying costs, compounded monthly and
based on the overall weighted cost of capital most recently
approved by the commission;
associated with eligible infrastructure improvements.
(2) The following for a municipally owned utility:
(A) Depreciation expenses.
(B) Adequate money for making extensions and replacements
of eligible infrastructure improvements to the extent not
provided for through depreciation, as provided in IC 8-1.5-3-8(c).
(C) Debt service on funds borrowed to pay for eligible
infrastructure improvements.
(D) To the extent applicable, property taxes to be paid by the
municipally owned utility based upon the first assessment date
following placement in service of eligible infrastructure
improvements.
(3) The following for a not-for-profit utility:
(A) Debt service on funds borrowed to pay for eligible
infrastructure improvements.
(B) Adequate money for making extensions and replacements
of eligible infrastructure improvements.
(C) To the extent applicable, property taxes to be paid by the
not-for-profit utility based upon the first assessment date
following placement in service of eligible infrastructure
improvements.