66-128r. Depreciation fixed for electric utilities possessing a federal license to operate a nuclear generation facility. An electric utility which receives on and after July 1, 2008, a license to operate a nuclear generation facility from the United States nuclear regulatory commission shall be allowed to use a book depreciable remaining life of not more than the amount of time remaining on the United States nuclear regulatory commission operating license of such facility.

History: L. 2008, ch. 174, § 2; July 1.