Indiana Code 8-1-31.7-5. “Pretax return”
Current as of: 2023 | Check for updates
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Sec. 5. As used in this chapter, “pretax return” means the revenues necessary:
(2) to pay state and federal income taxes applicable to the net operating income described in subdivision (1).
(1) to produce net operating income equal to a public utility’s weighted cost of capital multiplied by the net original cost of the eligible addition; and
Terms Used In Indiana Code 8-1-31.7-5
- eligible addition: means any new utility plant or equipment:
Indiana Code 8-1-31.7-2
As added by P.L.137-2020, SEC.15.