Section 4929.161 | Application for infrastructure development rider.
(A) A natural gas company may file an application with the public utilities commission for approval of an infrastructure development rider to recover prudently incurred infrastructure development costs of one or more economic development projects approved under section 4929.163 of the Revised Code.
(B) The commission shall approve a maximum of one infrastructure development rider per company.
(C) The commission shall not accept an application for infrastructure development costs described under division (B)(1)(b) of section 4929.16 of the Revised Code unless a natural gas company has obtained a notification by JobsOhio, any JobsOhio network or regional partner, or the director of development that the project should be considered. The commission shall not approve an application for an economic development project that includes infrastructure development costs described under division (B)(1)(b) of section 4929.16 of the Revised Code filed beyond six years from the effective date of the amendment to this section by H.B. 201 of the 135th general assembly.
(D) Notwithstanding division (C) of this section, recovery of infrastructure development costs pursuant to section 4929.16 of the Revised Code for any approved economic development projects filed within six years of the effective date of the amendment to this section by H.B. 201 of the 135th general assembly shall continue until such time as all costs eligible for recovery under sections 4929.16 to 4929.163 of the Revised Code are recovered.
Last updated January 17, 2024 at 8:24 AM
Available Versions of this Section
- March 23, 2015 – House Bill 319 - 130th General Assembly [ View March 23, 2015 Version ]
- June 30, 2017 – Amended by House Bill 26 - 132nd General Assembly [ View June 30, 2017 Version ]
- March 28, 2024 – Amended by House Bill 201 - 135th General Assembly [ View March 28, 2024 Version ]