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)