Section 8-1-31-6 - "Pretax return" As used in this chapter, "pretax return" means the revenues necessary to:
(1) produce net operating income equal to a public utility's weighted cost of capital multiplied by the net original cost of eligible distribution or collection system improvements; and(2) pay state and federal income taxes applicable to such income.Amended by P.L. 212-2015, SEC. 6, eff. 7/1/2015.Amended by P.L. 209-2014, SEC. 8, eff. 7/1/2014.As added by P.L. 94-2000, SEC.1.