1997 Regular Session

HOUSE BILL 512

CHAPTER NUMBER: 630 File Code: Miscellaneous Crossfiled with: SENATE BILL 746
Sponsored By:
Delegates Howard, C. Davis, Taylor, Harrison, D. Davis, Hurson, Menes, Exum, Owings, E. Burns, Vallario, V. Mitchell, Rawlings, Franchot, Conway, Wood, Love, Krysiak, Valderrama, Boston, Heller, Curran, Linton, W. Baker, Proctor, Donoghue, Bozman, Busch, Marriott, Arnick, Hixson, and McKee
Entitled:
Telecommunications Tax Reform

Synopsis:

Excluding specified gross charges from the definition of "gross receipts" subject to the public service company franchise tax; providing a credit against the State income tax for specified property taxes paid by public utility that is a telecommunications company; requiring the Public Service Commission to determine and require a specified reduction in local telephone rates; requiring an addition modification under the income tax in the amount of a specified credit; requiring a specified report; etc.

Legislative History

House Action
1/27
First Reading Ways and Means
1/29
Hearing 2/11 at 1:00 p.m.
3/21
Favorable with Amendments Report by Ways and Means
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/22
Special Order evening session (Delegate Morgan) Adopted
Third Reading Passed (129-5)
4/5
House Concur - Senate Amendments
Third Reading Passed (131-1)
Passed Enrolled
5/22
Signed by the Governor Chapter 630
Senate Action
3/24
First Reading Budget and Taxation
4/6
Favorable with Amendments Report by Budget and Taxation
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
Motion 2rdgs same day Const/Rule 24 (Senator Hoffman) Adopted
Third Reading Passed with Amendments (38-3)
Sponsored by:
Delegate Carolyn J. B. Howard, District 24
Delegate John S. Arnick, District 7
Delegate Wheeler R. Baker, District 36
Delegate Frank D. Boston, Jr., District 41
Delegate K. Bennett Bozman, District 38
Delegate Emmett C. Burns, Jr., District 10
Delegate Michael Erin Busch, District 30
Delegate Norman H. Conway, District 38
Delegate Gerald J. Curran, District 43
Delegate Clarence Davis, District 45
Delegate Dereck Davis, District 25
Delegate John P. Donoghue, District 2C
Delegate Nathaniel Exum, District 24
Delegate Peter Franchot, District 20
Delegate Hattie N. Harrison, District 45
Delegate Henry B. Heller, District 19
Delegate Sheila Ellis Hixson, District 20
Delegate John Adams Hurson, District 18
Delegate Carolyn J. Krysiak, District 46
Delegate Samuel C. Linton, District 28
Delegate Mary Ann E. Love, District 32
Delegate Salima Siler Marriott, District 40
Delegate Robert A. McKee, District 2A
Delegate Pauline H. Menes, District 21
Delegate Van T. Mitchell, District 28
Delegate George W. Owings, III, District 27B
Delegate James E. Proctor, Jr., District 27A
Delegate Howard P. Rawlings, District 40
Delegate Casper R. Taylor, Jr., District 1C
Delegate David M. Valderrama, District 26
Delegate Joseph F. Vallario, Jr., District 27A
Delegate John F. Wood, Jr., District 29A
Bill indexed under the following Subjects:
DISCLOSURE
EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
EXEMPTIONS
FRANCHISES
INCOME TAX
PERSONAL PROPERTY
PRICES
PROPERTY TAX -see also- ASSESSMENTS
PUBLIC SERVICE COMMISSION
REVENUE AND TAXES -see also specific taxes -
SALES AND USE TAX
TAX CREDITS
TELECOMMUNICATIONS
TELEPHONES
UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES
Bill affects the following Statutes:
Tax - General
( 8-401 , 8-409 , 10-306 , 10-307 , 10-708 )
Tax - Property
( 1-101 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)

Amendments:
House
Number: 725033/1 (PDF) Offered on: MARCH 21, 1997 at: 10:35 Status: Adopted
Senate
Number: 469302/1 (PDF) Offered on: APRIL 7, 1997 at: 11:34 Status: Adopted