SENATE BILL 162

File Code: Taxes - Miscellaneous Crossfiled with: HOUSE BILL 164

Sponsored By:

Senator Hoffman

Entitled:

Public Service Company Franchise Tax - Telephone Companies - Sales of Services and Products for Resale

Synopsis:

Excluding from the definition of gross receipts subject to the public service company franchise tax gross charges from the sale of a service or product for resale by a telephone company to a provider of cellular telephone or other mobile telecommunications service that possesses an effective sales and use tax license issued by the Comptroller; and applying the Act to tax years after 2000.

History by Legislative Date

Senate Action

1/20

First Reading Budget and Taxation

1/26

Hearing 2/9 at 1:30 p.m.

3/29

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

GROSS RECEIPTS TAX

SALES AND USE TAX

TELECOMMUNICATIONS -see also- TELEPHONES

TELEPHONES

UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER

Bill affects the following Statute:

Tax - General

( 8-401 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered