Indiana Code 8-1-31-11.6. Allowable recovery for not-for-profit utility; factors
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Sec. 11.6. In determining the amount of allowable recovery of infrastructure improvement costs for a not-for-profit utility, the commission may consider the following factors:
(2) Debt service on funds borrowed to pay for eligible infrastructure improvements.
(1) Adequate money for making extensions and replacements of eligible infrastructure improvements.
Terms Used In Indiana Code 8-1-31-11.6
- commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
- eligible infrastructure improvements: means projects that:
Indiana Code 8-1-31-5
- infrastructure improvement costs: means the following:
Indiana Code 8-1-31-5.5
- not-for-profit utility: has the meaning set forth in IC 8-1-2-125(a). See Indiana Code 8-1-31-5.9
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(3) Other expenses that the commission considers appropriate, including money for the payment of any taxes that may be assessed against the not-for-profit utility or its property.
As added by P.L.212-2015, SEC.12. Amended by P.L.61-2022, SEC.7; P.L.39-2023, SEC.4.