reglab/housing_qa huggingface dataset:
IN Code § 8-1-2-6 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-6. Valuation of Property

Sec. 6. (a) The commission shall value all property of every public utility actually used and useful for the convenience of the public at its fair value, giving such consideration as it deems appropriate in each case to all bases of valuation which may be presented or which the commission is authorized to consider by the following provisions of this section. As one of the elements in such valuation the commission shall give weight to the reasonable cost of bringing the property to its then state of efficiency. In making such valuation, the commission may avail itself of any information in possession of the department of local government finance or of any local authorities. The commission may accept any valuation of the physical property made by the interstate commerce commission of any public utility subject to the provisions of this act.(b) The lands of such public utility shall not be valued at a greater amount than the assessed value of said lands exclusive of improvements as valued for taxation. In making such valuation no account shall be taken of presumptive value resting on natural resources independent of any structures in relation thereto, the natural resource itself shall be viewed as the public's property. No account shall be taken of good will for presumptive values growing out of the operation of any utility as a going concern, all such values to rest with the municipality by reason of the special and exclusive grants given such utility enterprises. Except in a proceeding under IC 8-1-30, and except as provided in IC 8-1-30.3-5 and IC 8-1.5-2-6.1, no account shall be taken of construction costs unless such costs were actually incurred and paid as part of the cost entering into the construction of the utility. Except in a proceeding under IC 8-1-30, and except as provided in IC 8-1-30.3-5 and IC 8-1.5-2-6.1, all public utility valuations shall be based upon tangible property, that is, such property as has value by reason of construction costs, either in materials purchased or in assembling of materials into structures by the labor or (of) workers and the services of superintendents, including engineers, legal and court costs, accounting systems and transportation costs, and also including insurance and interest charges on capital accounts during the construction period. As an element in determining value the commission may also take into account reproduction costs at current prices, less depreciation, based on the items set forth in the last sentence hereof and shall not include good will, going value, or natural resources.(c) In determining the amount of allowable operating expenses of a utility, the commission may not take into consideration or approve any expense for institutional or image building advertising, charitable contributions, or political contributions.Formerly: Acts 1913, c.76, s.9; Acts 1933, c.190, s.4; Acts 1947, c.307, s.1. As amended by Acts 1979, P.L.85, SEC.1; P.L.90-2002, SEC.309; P.L.98-2016, SEC.1.
IN Code § 8-1-2-6.1 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-6.1. Indiana Coal and Clean Coal Technology; Research, Development, and Preconstruction Expenses

Sec. 6.1. (a) As used in this section, "clean coal technology" means a technology (including precombustion treatment of coal):(1) that is used at a new or existing electric generating facility and directly or indirectly reduces airborne emissions of sulfur or nitrogen based pollutants associated with the combustion or use of coal; and(2) that either:(A) is not in general commercial use at the same or greater scale in new or existing facilities in the United States as of January 1, 1989; or(B) has been selected by the United States Department of Energy for funding under its Innovative Clean Coal Technology program and is finally approved for such funding on or after January 1, 1989.(b) As used in this section, "Indiana coal" means coal from a mine whose coal deposits are located in the ground wholly or partially in Indiana regardless of the location of the mine's tipple.(c) Except as provided in subsection (d), the commission shall allow a utility to recover as operating expenses those expenses associated with:(1) research and development designed to increase use of Indiana coal; and(2) preconstruction costs (including design and engineering costs) associated with employing clean coal technology at a new or existing coal burning electric generating facility if the commission finds that the facility:(A) utilizes and will continue to utilize (as its primary fuel source) Indiana coal; or(B) is justified, because of economic considerations or governmental requirements, in utilizing non-Indiana coal;after the technology is in place.(d) The commission may only allow a utility to recover preconstruction costs as operating expenses on a particular project if the commission awarded a certificate under IC 8-1-8.7 for that project.(e) The commission shall establish guidelines for determining recoverable expenses.As added by P.L.88-1985, SEC.1. Amended by P.L.105-1989, SEC.1.
IN Code § 8-1-2-6.6 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-6.6. Valuation of Property; Qualified Pollution Control Property Constructed Before March 31, 2002

Sec. 6.6. (a) As used in this section:"Clean coal technology" means a technology (including precombustion treatment of coal):(1) that is used at a new or existing electric generating facility and directly or indirectly reduces airborne emissions of sulfur or nitrogen based pollutants associated with combustion or use of coal; and(2) that either:(A) is not in general commercial use at the same or greater scale in new or existing facilities in the United States as of January 1, 1989; or(B) has been selected by the United States Department of Energy for funding under its Innovative Clean Coal Technology program and is finally approved for such funding on or after January 1, 1989."Indiana coal" means coal from a mine whose coal deposits are located in the ground wholly or partially in Indiana regardless of the location of the mine's tipple."Qualified pollution control property" means an air pollution control device on a coal burning electric generating facility or any equipment that constitutes clean coal technology that has been approved for use by the commission, that meets applicable state or federal requirements, and that is designed to accommodate the burning of coal from the geological formation known as the Illinois Basin."Utility" refers to any electric generating utility allowed by law to earn a return on its investment.(b) Upon the request of a utility that began construction after October 1, 1985, and before March 31, 2002, of qualified pollution control property that is to be used and useful for the public convenience, the commission shall for ratemaking purposes add to the value of that utility's property the value of the qualified pollution control property under construction, but only if at the time of the application and thereafter:(1) the facility burns only Indiana coal as its primary fuel source once the air pollution control device is fully operational; or(2) the utility can prove to the commission that the utility is justified because of economic considerations or governmental requirements in utilizing some non-Indiana coal.(c) The commission shall adopt rules under IC 4-22-2 to implement this section.As added by P.L.88-1985, SEC.2. Amended by P.L.23-1988, SEC.21; P.L.105-1989, SEC.2; P.L.159-2002, SEC.3.
IN Code § 8-1-2-6.7 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-6.7. Depreciation of Clean Coal Technology

Sec. 6.7. (a) As used in this section, "clean coal technology" means a technology (including precombustion treatment of coal):(1) that is used in a new or existing electric generating facility and directly or indirectly reduces airborne emissions of sulfur or nitrogen based pollutants associated with the combustion or use of coal; and(2) that either:(A) is not in general commercial use at the same or greater scale in new or existing facilities in the United States as of January 1, 1989; or(B) has been selected by the United States Department of Energy for funding under its Innovative Clean Coal Technology program and is finally approved for such funding on or after January 1, 1989.(b) The commission shall allow a public or municipally owned electric utility that incorporates clean coal technology to depreciate that technology over a period of not less than ten (10) years or the useful economic life of the technology, whichever is less and not more than twenty (20) years if it finds that the facility where the clean coal technology is employed:(1) utilizes and will continue to utilize (as its primary fuel source) Indiana coal; or(2) is justified, because of economic considerations or governmental requirements, in utilizing non-Indiana coal;after the technology is in place.As added by P.L.105-1989, SEC.3.
IN Code § 8-1-2-6.8 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-6.8. Valuation of Property; Qualified Pollution Control Property Constructed After March 31, 2002

Sec. 6.8. (a) This section applies to a utility that begins construction of qualified pollution control property after March 31, 2002.(b) As used in this section, "clean coal technology" means a technology (including precombustion treatment of coal):(1) that is used in a new or existing energy generating facility and directly or indirectly reduces airborne emissions of sulfur, mercury, or nitrogen oxides or other regulated air emissions associated with the combustion or use of coal; and(2) that either:(A) was not in general commercial use at the same or greater scale in new or existing facilities in the United States at the time of enactment of the federal Clean Air Act Amendments of 1990 (P.L.101-549); or(B) has been selected by the United States Department of Energy for funding under its Innovative Clean Coal Technology program and is finally approved for such funding on or after the date of enactment of the federal Clean Air Act Amendments of 1990 (P.L.101-549).(c) As used in this section, "qualified pollution control property" means an air pollution control device on a coal burning energy generating facility or any equipment that constitutes clean coal technology that has been approved for use by the commission and that meets applicable state or federal requirements.(d) As used in this section, "utility" refers to any energy generating utility allowed by law to earn a return on its investment.(e) Upon the request of a utility that begins construction after March 31, 2002, of qualified pollution control property that is to be used and useful for the public convenience, the commission shall for ratemaking purposes add to the value of that utility's property the value of the qualified pollution control property under construction.(f) The commission shall adopt rules under IC 4-22-2 to implement this section.As added by P.L.159-2002, SEC.4.
IN Code § 8-1-2-7 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-7. Valuation of Property; Hearings

Sec. 7. Before final determination of such value, the commission shall, after notice to the public utility, hold a public hearing as to such valuation in the manner prescribed for a hearing in sections 54 through 67 of this chapter, and the provisions of such sections so far as applicable shall apply to such hearing.Formerly: Acts 1913, c.76, s.10. As amended by P.L.59-1984, SEC.12.
IN Code § 8-1-2-8 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-8. Valuation of Property; Expenses; Orders

Sec. 8. (a) The commission, within five (5) days after any such valuation is determined, shall deliver a written statement thereof to the public utility interested and a copy thereof to the clerk of each municipality in which any part of the plant or equipment of such utility is located. In such statement, the commission shall declare and fix the reasonable and necessary expenses incurred by it in making such valuation, and, within twenty (20) days thereafter, the utility shall pay into the treasury of the state the amount of the expenses so declared and fixed.(b) The commission shall not make any order, based on any such valuation, increasing any rate of any public utility until such expenses have been paid. All such moneys paid into the treasury of the state are hereby appropriated to the commission until and including September 30, 1925, to defray its expenses until said date and thereafter shall be paid into the general fund of the state.Formerly: Acts 1913, c.76, s.11; Acts 1925, c.63, s.1. As amended by P.L.23-1988, SEC.22.
IN Code § 8-1-2-9 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-9. Valuation of Property; Revaluation

Sec. 9. The commission may, at any time, on its own initiative, make a revaluation of such property.Formerly: Acts 1913, c.76, s.12.
IN Code § 8-1-2-10 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-10. Accounting Systems

Sec. 10. Every public utility shall keep and render to the commission, in the manner and form prescribed by the commission, uniform accounts of all business transacted. In formulating a system of accounting for any class of public utilities, the commission shall consider any system of accounting established by any federal law, commission or department and any system authorized by a national association of such utilities.Formerly: Acts 1913, c.76, s.13.
IN Code § 8-1-2-11 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-11. Accounts and Accounting; Other Subsidiary Business

Sec. 11. Every public utility engaged, directly or indirectly, in any other or subsidiary business shall, if ordered by the commission, keep and render separately to the commission, in like manner and form, the accounts of all such business, in which case all the provisions of this chapter shall apply with like force and effect to the books, accounts, papers, and records of such other business; provided, every public utility may, with consent of the commission and the proper local authorities, furnish to all patrons or persons applying therefor any service, product, or commodity which it creates as a necessary incident and subsidiary to its main or primary business. No such consent shall be granted except as provided in section 86 of this chapter, and every such subsidiary business shall be subject to all the provisions of this chapter.Formerly: Acts 1913, c.76, s.14. As amended by P.L.59-1984, SEC.13.
IN Code § 8-1-2-12 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-12. Books, Accounts, Papers, and Records

Sec. 12. The commission shall prescribe the forms of all books, accounts, papers and records required to be kept, and every public utility is required to keep and render its books, accounts, papers and records accurately and faithfully in the manner and form prescribed by the commission and to comply with all directions of the commission relating to such books, accounts, papers and records.Formerly: Acts 1913, c.76, s.15.
IN Code § 8-1-2-13 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-13. Forms; Conduct of Business

Sec. 13. The commission shall cause to be prepared suitable blanks for carrying out the purpose of this chapter and shall, when necessary, furnish such blanks to each public utility.Formerly: Acts 1913, c.76, s.16. As amended by P.L.59-1984, SEC.14.
IN Code § 8-1-2-14 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-14. Books, Accounts, Papers, or Records; Approval of System

Sec. 14. No public utility shall keep any other books, accounts, papers or records of the business transacted than those prescribed or approved by the commission, unless required by other public authority.Formerly: Acts 1913, c.76, s.17.
IN Code § 8-1-2-15 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-15. Books, Accounts, Papers, or Records; Removal From State; Directors; Residence

Sec. 15. Each public utility shall have an office in one (1) of the towns or cities in this state in which its property or some part thereof is located, and shall keep in said office all books, accounts, papers, and records as shall be required by the commission to be kept within the state. No books, accounts, papers, or records required by the commission to be kept within the state shall be at any time removed from this state, except upon such conditions as may be prescribed by the commission. A majority in number of the board of directors of each and every company or association organized under Indiana statutes and coming under the provisions of this chapter shall be bona fide residents and citizens of the state of Indiana while acting as such directors.Formerly: Acts 1913, c.76, s.18; Acts 1915, c.110, s.1. As amended by P.L.59-1984, SEC.15.
IN Code § 8-1-2-16 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-16. Accounts; Closing Date; Filing With Commission

Sec. 16. The accounts shall be closed annually on the thirty-first day of December, and a balance sheet of that date promptly taken therefrom. On or before the thirtieth day of April following, such balance sheet, together with such other information as the commission shall prescribe, verified by an officer of the public utility, shall be filed with the commission.Formerly: Acts 1913, c.76, s.19; Acts 1917, c.150, s.1. As amended by Acts 1979, P.L.84, SEC.3; P.L.103-1983, SEC.2.
IN Code § 8-1-2-17 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-17. Accounts; Examination and Audit

Sec. 17. The commission shall provide for the examination and audit of all accounts, and all items shall be allocated to the accounts in the manner prescribed by the commission.Formerly: Acts 1913, c.76, s.20.
IN Code § 8-1-2-18 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-18. Books, Accounts, Papers, Records, and Memoranda; Inspection and Examination

Sec. 18. The agents, accountants or examiners employed by the commission shall have authority, under the direction of the commission, to inspect and examine any and all books, accounts, papers, records and memoranda kept by such public utility.Formerly: Acts 1913, c.76, s.21.
IN Code § 8-1-2-19 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-19. Depreciation Account

Sec. 19. Every public utility shall carry a separate, proper and adequate depreciation account whenever the commission, after investigation, shall determine that such depreciation account reasonably can be required. The commission, from time to time, shall ascertain and determine the proper and adequate rates of depreciation of the several classes of property of each public utility. The rates, tolls and charges shall be such as will provide the amounts required over and above the reasonable and necessary operating expenses, to maintain such property in an operating state of efficiency corresponding to the progress of the industry. Each public utility shall conform its depreciation accounts to such rates, so ascertained and determined by the commission. The commission shall make changes in such rates of depreciation, from time to time, as it may find necessary.Formerly: Acts 1913, c.76, s.22; Acts 1925, c.64, s.1.
IN Code § 8-1-2-20 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-20. Depreciation Account; Rules, Regulations, and Forms

Sec. 20. The commission shall also prescribe rules, regulations and forms of accounts regarding such depreciation, which the public utility is required to carry into effect.Formerly: Acts 1913, c.76, s.23.
IN Code § 8-1-2-21 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-21. Depreciation; Rates, Tolls, and Charges

Sec. 21. The commission shall provide for such depreciation in fixing the rates, tolls and charges to be paid by the public.Formerly: Acts 1913, c.76, s.24.
IN Code § 8-1-2-22 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-22. Depreciation Fund; Management

Sec. 22. All money thus provided shall be set aside out of the earnings and carried in a separate depreciation fund. The money in this fund shall be applied first to depreciation expenses. Any balance in the fund, not applied to depreciation expenses, may be invested by the public utility or expended temporarily by it for new construction, extensions or additions to its utility property. This fund shall be used for no other purpose. If invested, the income from the investment shall be carried into and become a part of the depreciation fund. Any balance, not applied to depreciation expenses, shall always remain a part of the depreciation fund. In no event shall moneys, temporarily expended from this fund for new construction, extensions or additions to the property, be carried into or considered a part of the capital account of such public utility. Upon the sale of any public utility property, to continue in operation as such, the balance in the depreciation fund, unexpended for depreciation expenses, shall be transferred to the purchaser and by the purchaser shall be held, administered and used as herein authorized and required.Formerly: Acts 1913, c.76, s.25; Acts 1925, c.64, s.2.
IN Code § 8-1-2-23 (2021)
2021 Indiana Code|Title 8. Utilities and Transportation|Article 1. Utilities Generally|Chapter 2. Utility Regulation|8-1-2-23. Construction Accounts; Additions or Extension; Approval by Commission

Sec. 23. The commission shall keep itself informed of all new construction, extensions and additions to the property of such public utility and shall prescribe the necessary forms, regulations and instructions to the officers and employees of such public utility for the keeping of construction accounts which shall clearly distinguish all operating expenses and new construction. Unless a public utility shall obtain the approval by the commission of any expenditure exceeding ten thousand dollars ($10,000) for an extension, construction, addition or improvement of its plant and equipment, the commission shall not, in any proceeding involving the rates of such utility, consider the property acquired by such expenditures as a part of the rate base, unless in such proceeding the utility shall show that such property is in fact used and useful in the public service; Provided, That the commission in its discretion may authorize the expenditure for such purpose of a less amount than shown in such estimate.Formerly: Acts 1913, c.76, s.26; Acts 1933, c.190, s.5.