Sec. 3. As used in this chapter, "pretax return" means the TDSIC revenues necessary to:
(1) produce net operating income equal to the public utility's weighted cost of capital multiplied by investments in eligible transmission, distribution, and storage system improvements;
(2) pay state and federal income taxes imposed on the net operating income calculated under subdivision (1); and
(3) pay state utility receipts taxes associated with TDSIC revenues.
As added by P.L.133-2013, SEC.5.
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