Indiana Code
Chapter 31. Infrastructure Improvement Charges
8-1-31-15.5. Municipally Owned Utilities and Not-for-Profit Utilities; Resetting of Adjustment Amount Upon Approval of New Basic Rates and Charges That Include Eligible Infrastructure Improvements

Sec. 15.5. (a) This section applies only to an eligible utility that is:
(1) a municipally owned utility; or
(2) a not-for-profit utility.
(b) An eligible utility's adjustment amount approved under section 8 or 10 of this chapter shall be reset to zero (0) upon the approval of new basic rates and charges for the eligible utility by the commission in a general rate case that results in the inclusion of eligible infrastructure improvements in the eligible utility's basic rates and charges.
As added by P.L.61-2022, SEC.11.