Statutes > Tennessee Statutes > Title 65 - Public Utilities And Carriers > Chapter 5 - Regulation of Rates > Part 1 - Public Utilities > 65-5-105 - Intrastate rate reductions reflecting tax savings.

65-5-105 - Intrastate rate reductions reflecting tax savings.

65-5-105. Intrastate rate reductions reflecting tax savings.

Any public utility, the maximum rates of which are fixed by the authority, shall reduce its intrastate rates to reflect any tax savings resulting from the provisions of Acts 1989, ch. 312. Such rate reduction shall be implemented contemporaneously with the effective date of the tax savings.

[Acts 1989, ch. 312, § 1; 1995, ch. 305, § 23; T.C.A. § 65-5-205.]