Indiana Statutes

§ 8-1-31-6 — "Pretax return"

Indiana·Art. 1 UTILITIES GENERALLY·Ch. 31 Infrastructure Improvement Charges

As used in this chapter, "pretax return" means the revenues necessary to:

(1)produce net operating income equal to a public utility's weighted cost of capital multiplied by the net original cost of eligible distribution or collection system improvements; and
(2)pay state and federal income taxes applicable to such income.

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Legislative History

As added by P.L.94-2000, SEC.1. Amended by P.L.209-2014, SEC.8; P.L.212-2015, SEC.6.

Nearby Sections

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