Oklahoma Administrative Code
Title 165 - Corporation Commission
Chapter 65 - Water Service Utilities
Subchapter 13 - Promotional Policies and Practices
Section 165:65-13-6 - Contributions
Universal Citation: OK Admin Code 165:65-13-6
Current through Vol. 41, No. 13, March 15, 2024
(a) All gifts, donations, and contributions made by the regulated utility shall be treated as "below the line" expenses and excluded from operating expenses allowable for rate making purposes; including, but not limited to the following:
(1) Contributions to charitable, religious,
or educational institutions or associations.
(2) Contributions to civic, community,
social, or public welfare organizations or associations.
(3) Payments to cities or towns in excess of
franchise taxes or charges that the regulated utility is obligated to pay
pursuant to an enforceable written contract or franchise.
(b) Dues and fees paid to industry, scientific, and professional organizations which in amount bear a reasonable relationship to benefits received from membership therein shall not be restricted in this Section, and may be eligible for recovery.
Disclaimer: These regulations may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
