Ind. Code § 8-1-31.6-9
This is the official text of Ind. Code § 8-1-31.6-9, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Customer lead service line improvement costs for municipally owned utilities
Official statutory text
Sec. 9. For a municipally owned utility, customer lead service line improvement costs include the following:
(1) Depreciation expenses.
(2) Extensions and replacements for customer lead service line improvements, to the extent that the extensions and replacements are not provided for through depreciation, in the manner provided for in IC 8-1.5-3-8.
(3) Debt service on funds borrowed to pay for customer lead service line improvements.
(4) As applicable, property taxes to be paid by the utility based upon the first assessment date following the placement in service of the customer lead service line improvements.
As added by P.L.137-2020, SEC.7.
(1) Depreciation expenses.
(2) Extensions and replacements for customer lead service line improvements, to the extent that the extensions and replacements are not provided for through depreciation, in the manner provided for in IC 8-1.5-3-8.
(3) Debt service on funds borrowed to pay for customer lead service line improvements.
(4) As applicable, property taxes to be paid by the utility based upon the first assessment date following the placement in service of the customer lead service line improvements.
As added by P.L.137-2020, SEC.7.
Status: in_force · Read it on the official government site
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