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Ind. Code § 8-1-31-5

"Eligible infrastructure improvements"

Redline — January 1, 2018 → current.View current text →
Current — January 1, 2023
As of January 1, 2018
Sec. 5. As used in this chapter, "eligible infrastructure improvements" means new used and useful water or wastewater utility distribution or collection plant projects that:
Sec. 5. As used in this chapter, "eligible infrastructure improvements" means projects that:
(1) are:
(A) new water or wastewater utility distribution or collection plant projects; or
(B) projects to relocate existing utility plant, including projects to relocate utility plant or equipment to accommodate the construction, reconstruction, or improvement of a highway, street, or road (as defined in IC 8-23-1-23), including projects under IC 8-25;
(1) do not increase revenues by connecting to new customers; and
(2) do not increase revenues by connecting to new customers, even if the projects provide greater available capacity with respect to an eligible utility's distribution or collection plant; and
(2) either: (A) for a public utility: (i) are in service; and (ii) were not included in the public utility's rate base in its most recent general rate case; or (B) for a municipally owned or not-for-profit utility: (i) are in service; (ii) were not included on the utility's balance sheet as plant in service in the utility's most recent general rate case; and (iii) are not subject to another rate adjustment mechanism.
(3) either: (A) for a public utility: (i) are in service and used and useful; and (ii) were not included in the public utility's rate base in its most recent general rate case; or (B) for a municipally owned or not-for-profit utility: (i) are or will be extensions or replacements of projects described in subdivision (1), as described in section 5.5(2)(B) or 5.5(3)(B) of this chapter, as applicable; (ii) were not included on the utility's balance sheet as plant in service in the utility's most recent general rate case; and (iii) are not infrastructure improvements that are being recovered or have been recovered through rates or another rate adjustment mechanism.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.