1997 Regular Session

HOUSE BILL 1277

File Code: Miscellaneous
Sponsored By:
Delegate Rosapepe
Entitled:
Preventing Leakage in Public Service Company Franchise Tax on Gas and Electricity Companies

Synopsis:

Altering the definition of "gross receipts" under the public service company (PSC) franchise tax to include the value of electricity or natural gas transported under delivery service, determined in a specified manner.

Legislative History

House Action
2/17
First Reading Ways and Means
2/19
Hearing 3/5 at 1:00 p.m.
2/26
Hearing cancelled
Hearing 3/4 at 1:00 p.m.
Senate Action
No Action
Bill indexed under the following Subjects:
FRANCHISES
FUEL -see also- COAL
REVENUE AND TAXES -see also specific taxes -
UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES
Bill affects the following Statute:
Tax - General
( 8-401 )

Documents:

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