(a) This section applies only to a public service company that is an investor- owned electric company, gas company, or combination gas and electric company. (b) A public service company may not recover through rates any costs associated with: (1) membership, dues, sponsorships, or contributions to an industry trade association, group, or related entity exempt from taxation under § 501(c)(6) of the Internal Revenue Code; or (2) the acquisition, use, or allocation of costs associated with a private plane that is owned or leased by the public service company or its holding company.
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