Declaratory Judgment in Certain Cases Involving Public Utilities: Hearings Before the Subcommittee on Administrative Law and Governmental Relations of the Committee on the Judiciary, House of Representatives, Ninety-sixth Congress, First Session ... August 2 and September 12, 1979 |
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Common terms and phrases
accelerated depreciation amended amount annual adjustment apply bill Cal.Rptr California Public Utilities California Supreme Court capital Chairman commis compute CONGRESS THE LIBRARY cost of service DALENBERG DANIELSON declaratory judgment declaratory relief deferred tax reserve depreciation expense determination district court effect election eligibility Federal court Federal income tax federal tax expense filed Internal Revenue Code Internal Revenue Service investment credit investment tax credit issue Johnson Act legislation LIBRARY OF CONGRESS ment method of accounting method of depreciation normalization method Pacific Telephone Pacific's parties petitioners problem procedure proceeding proposed Public Service Commission Public Utilities Commission public utility property question rate base rate of return rate order ratemaking purposes ratepayers reasonable refunds regulatory agency rehearing requirements reserve for deferred respect result ruling section 167 service for ratemaking sion subsection tax benefits Tax Court tax deferral tax law tax liability taxpayer telephone companies tion Treasury United States Code utility's
Popular passages
Page 140 - The Constitution does not bind rate-making bodies to the service of any single formula or combination of formulas. Agencies to whom this legislative power has been delegated are free, within the ambit of their statutory authority, to make the pragmatic adjustments which may be called for by particular circumstances.
Page 187 - The district courts shall not enjoin, suspend or restrain the operation of, or compliance with, any order affecting rates chargeable by a public utility and made by a State administrative agency or a rate-making body of a State political subdivision...
Page 79 - It is impossible to ascertain what will amount to a fair return upon properties devoted to public service without giving consideration to the cost of labor, supplies, etc., at the time the investigation is made. An honest and intelligent forecast of probable future values made upon a view of all the relevant circumstances, is essential. If the highly important element of present costs is wholly disregarded such a forecast becomes impossible. Estimates for tomorrow cannot ignore prices of today.
Page 83 - By that standard the return to the equity owner should be commensurate with returns on investments in other enterprises having corresponding risks. That return, moreover, should be sufficient to assure confidence in the financial integrity of the enterprise, so as to maintain its credit and to attract capital.
Page 220 - Board, consisting of three able and discreet persons to be appointed by the mayor, with the advice and consent of the city council, and to receive such compensation as the city council may from time to time determine.
Page 54 - Petitioner prays that a writ of certiorari issue to review the judgment of the Court of Appeals...
Page 96 - In a case of actual controversy within its jurisdiction, except with respect to Federal taxes, any court of the United States, upon the filing of an appropriate pleading, may declare the rights and other legal relations of any interested party seeking such declaration, whether or not further relief is or could be sought. Any such declaration shall have the force and effect of a final judgment or decree and shall be reviewable as such.
Page 163 - Islands which are engaged in the regulation of utilities and carriers. Our chief objective is to serve the consumer interest by seeking to improve the quality and effectiveness of government regulation in America. More specifically. the NARUC is composed of, inter alia, State and territorial officials charged with the duty of regulating the telecommunications common carriers within their respective borders.
Page 113 - ... (ii) if, to compute its allowance for depreciation under this section, it uses a method of depreciation other than the method it used for the purposes described in clause (i), the taxpayer must make adjustments to a reserve to reflect the deferral of taxes resulting from the use of such different methods of depreciation.
Page 24 - States having jurisdiction over the parties, against threatened loss or damage by a violation of the anti-trust laws, including sections two, three, seven and eight of this Act, when and under the same conditions and principles as injunctive relief against threatened conduct that will cause loss or damage is granted by courts of equity, under the rules governing such proceedings...