Indiana § 8-1-31-11.5 - Allowable recovery for municipally owned utility; factors
Full text of Indiana Indiana Code § 8-1-31-11.5 — Allowable recovery for municipally owned utility; factors, with citation guidance and answers to common questions.
§ 8-1-31-11.5. Allowable recovery for municipally owned utility; factors
Sec. 11.5. In determining the amount of allowable recovery of infrastructure improvement costs for a municipally owned utility, the commission may consider the following factors:
(1) Adequate money for making extensions and replacements of eligible infrastructure improvements, to the extent not provided for through depreciation, as provided in IC 8-1.5-3-8(c).
(2) Debt service on funds borrowed to pay for eligible infrastructure improvements.
(3) Depreciation expenses on eligible infrastructure improvements based on the same rate or rates of depreciation approved by the commission for the calculation of depreciation in the utility's most recent rate case.
(4) Other expenses that the commission considers appropriate, including money for the payment of any taxes that may be assessed against the municipally owned utility.
As added by P.L.212-2015, SEC.11. Amended by P.L.61-2022, SEC.6; P.L.39-2023, SEC.3.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 8-1-31-11.5
What does Indiana Code § 8-1-31-11.5 cover?
Section 8-1-31-11.5 ("Allowable recovery for municipally owned utility; factors") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 8-1-31-11.5?
A common citation format is "Indiana Code § 8-1-31-11.5" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 8-1-31-11.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.