(a) All gifts, donations, and contributions made by the regulated utility shall be treated as "below the line" expenses and excluded from operating expenses allowable for rate making purposes; including, but not limited to the following:
- (1) Contributions to charitable, religious, or educational institutions or associations.
- (2) Contributions to civic, community, social, or public welfare organizations or associations.
- (3) Payments to cities or towns in excess of franchise taxes or charges that the regulated utility is obligated to pay pursuant to an enforceable written contract or franchise.
- (b) Dues and fees paid to industry, scientific, and professional organizations which in amount bear a reasonable relationship to benefits received from membership therein shall not be restricted in this Section, and may be eligible for recovery.
Amended at 36 Ok Reg 718, eff 7-25-19