old capital investment
Defined in 1 place of the United States Code.
“old capital investment” means a capital investment the capitalized cost of which—
(A) was incurred, but not repaid, before October 1, 1996, and
(B) was for a project, facility, or separable unit or feature of a project or facility, placed in service before October 1, 1996;
Source
- 1996–present16 U.S.C. § 838LConservation · Bonneville Power Administration refinancing · for the purposes of this section