"Infrastructure Improvement Costs"

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Sec. 5.5. As used in this chapter, "infrastructure improvement costs" means the following:

(1) For a public utility, depreciation expenses and pretax return associated with eligible infrastructure improvements.

(2) For a municipally owned utility, debt service and depreciation expenses associated with eligible infrastructure improvements.

(3) For a not-for-profit utility, debt service associated with eligible infrastructure improvements.

As added by P.L.209-2014, SEC.7. Amended by P.L.212-2015, SEC.4.


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