Indiana § 8-1-39-3 "Pretax return"

Indiana Statutes

§ 8-1-39-3 — "Pretax return"

Indiana·Art. 1 UTILITIES GENERALLY·Ch. 39 Transmission, Distribution, and Storage System

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

(1)produce net operating income equal to the public utility's weighted cost of capital multiplied by investments in eligible transmission, distribution, and storage system improvements;

(2)pay state and federal income taxes imposed on the net operating income calculated under subdivision (1); and

(3)pay state utility receipts taxes associated with TDSIC revenues.

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As used in this chapter, "pretax return" means
the TDSIC revenues necessary to:
(1) produce net operating income equal to the public utility's
weighted cost of capital multiplied by investments in eligible
transmission, distribution, and storage system improvements;
(2) pay state and federal income taxes imposed on the net
operating income calculated under subdivision (1); and
(3) pay state utility receipts taxes associated with TDSIC
revenues.

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