§ 4-103. Employee stock ownership plans and lobbying expenses
West's Annotated Code of MarylandPublic Utilities
MD Code, Public Utilities, § 4-103
Formerly cited as MD PUBLIC UTIL COMP § 4-103
§ 4-103. Employee stock ownership plans and lobbying expenses
(a) In setting just and reasonable rates under this title, the Commission may not discourage the use of employee stock ownership plans by public service companies by denying to the public service companies the full benefits of investment tax credits provided in connection with these plans by the Internal Revenue Code.
Credits
Added by Acts 1998, c. 8, § 2, eff. Oct. 1, 1998.
Formerly Art. 78, § 69.
MD Code, Public Utilities, § 4-103, MD PUBLIC UTIL § 4-103
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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