Md. Code, Public Utilities § 4-504
This is the official text of Md. Code, Public Utilities § 4-504, part of Maryland’s Code, Public Utilities — regulates utility companies.
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§4–504.
Official statutory text
(a) This section applies only to a public service company that is an investor–owned electric company, gas company, or combination gas and electric company.
(b) A public service company may not recover through rates any costs associated with:
(1) membership, dues, sponsorships, or contributions to an industry trade association, group, or related entity exempt from taxation under § 501(c)(6) of the Internal Revenue Code; or
(2) the acquisition, use, or allocation of costs associated with a private plane that is owned or leased by the public service company or its holding company.
(b) A public service company may not recover through rates any costs associated with:
(1) membership, dues, sponsorships, or contributions to an industry trade association, group, or related entity exempt from taxation under § 501(c)(6) of the Internal Revenue Code; or
(2) the acquisition, use, or allocation of costs associated with a private plane that is owned or leased by the public service company or its holding company.
Status: in_force · Read it on the official government site
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