Okla. Admin. Code § 165:65-13-6

Current through Vol. 41, No. 19, June 17, 2024

Section 165:65-13-6 - Contributions

(a) All gifts, donations, and contributions made by the regulated utility shall be treated as "below the line" expenses and excluded from operating expenses allowable for rate making purposes; including, but not limited to the following:

(1) Contributions to charitable, religious, or educational institutions or associations.

(2) Contributions to civic, community, social, or public welfare organizations or associations.

(3) Payments to cities or towns in excess of franchise taxes or charges that the regulated utility is obligated to pay pursuant to an enforceable written contract or franchise.

(b) Dues and fees paid to industry, scientific, and professional organizations which in amount bear a reasonable relationship to benefits received from membership therein shall not be restricted in this Section, and may be eligible for recovery.

Okla. Admin. Code § 165:65-13-6

Amended by Oklahoma Register, Volume 36, Issue 21, July 15, 2019, eff. 7/25/2019