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Indiana Code Title 8. Utilities and Transportation § 8-1-39-3

Current as of January 02, 2024 | Updated by FindLaw Staff

Sec. 3. 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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Cite this article: FindLaw.com - Indiana Code Title 8. Utilities and Transportation § 8-1-39-3 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-8-utilities-and-transportation/in-code-sect-8-1-39-3/

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