50 IAC 5.1-2-3 Companies subject to assessment

Sec. 3. (a) Except as provided in section 4 of this rule, the following companies are subject to assessment as public utility companies under this article: (1) A company engaged in the business of transporting persons or property, including: (A) bridge companies; (B) bus companies; (C) express companies; (D) pipe line companies; (E) railroad companies; (F) railcar companies; (G) sleeping car companies; (H) street railway companies; and (I) tunnel companies. However, aviation companies (including passenger airlines and air freight carriers) and trucking companies are subject to assessment under 50 IAC 4.2 and are not subject to assessment under this article. (2) A company engaged in the business of selling or distributing electricity, gas, steam, or water, which may include light, heat, or power companies. (3) A company engaged in the business of transmitting messages for the general public by wire or airwaves, which may include telephone, telegraph, or cable companies. (4) A company engaged in the business of operating a sewage system or a sewage treatment plant, which may include water distribution companies or sewage companies. (5) A bridge company. (b) If a merger or acquisition of a company described in subsection (a) occurs, the companies involved shall notify the department within thirty (30) days. Failure to notify the department may result in duplicate assessments.