Current through P.L. 171-2024
Section 8-1-39-3 - "Pretax return" 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.Added by P.L. 133-2013, SEC. 5, eff. 4/30/2013.