{"data":{"id":"us-mi/mich.-comp.-laws-460.118","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 460.118","heading":"Exemption of certain public utilities.","body":"Sec. 8.\n\nThe commission may exempt a public utility from this act, if, after notice and hearing, it determines that gross revenues derived from intrastate operations is not a fair or equitable basis for assessing the costs of regulating that public utility and prescribes a fair and equitable manner for assessing such costs of regulation.","path":["MI Code","Chapter 460","Act Act-299-of-1972"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-460-118","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"947e0b8cef97e9e067eaf60e400db1ac45636053f462a9d5ca96aff327b4f673","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-460.117","next":"us-mi/mich.-comp.-laws-460.119"},"notice":"GroundRules: Original legal text. Not legal advice."}