R.C.S.A. § 16-1-100

Special requirements, rate applications (Repealed)

SupersededLast amended: 1971Year: 2026Length: 201 wordsOfficial source

Cite as Conn. Agencies Regs. § 16-1-100

In each rate application where the gross income of the applicant does not exceed $50,000 per year for service as a motor carrier of property for hire, bus operator, taxicab operator, livery service operator, or ambulance operator, the applicant shall prepare such application by following the requirements of part 1 of this article, where applicable, and shall add the following data, either in the statement of application or as exhibits annexed thereto and accompanying the application: (a) List of vehicles, equipment and garage facilities, giving current value of each item thereof. (b) Schedule of the rates the applicant is presently charging for its services. (c) The schedule of rates the applicant proposes to charge for the same service. (d) Calculation of applicant's revenues at both the current and the proposed rates based on the number of customers and volume of business it carried on during the test year. (e) Income statement showing the actual results of the applicant's operations under the current rates. (f) Income statement showing the estimated results of the applicant's operations based on the proposed rates, using changed costs of operation adjusted to account for estimates based on known changes that will take effect during the projected period.
R.C.S.A. § 16-1-100: Special requirements, rate applications (Repealed) | Justis AI