CHAPTER NUMBER: 629
File Code: Miscellaneous
Crossfiled with: HOUSE BILL 512
- Sponsored By:
-
Senators Hoffman, Amoss, and Hogan
- Entitled:
-
Telecommunications Tax Reform
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 a 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.
Senate Action
- 1/31
- First Reading Budget and Taxation
- 2/12
- Hearing 3/4 at 4:00 p.m.
- 3/25
- Favorable with Amendments Report by Budget and Taxation
- 3/26
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/27
- Third Reading Passed (35-11)
- 4/6
- Senate Concur - House Amendments
- Third Reading Passed (41-0)
- Passed Enrolled
- 5/22
- Signed by the Governor Chapter 629
House Action
- 3/25
- First Reading Ways and Means
- 3/28
- Hearing 4/1 at 1:00 p.m.
- 4/5
- Favorable with Amendments Report by Ways and Means
- 4/3
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 4/4
- Third Reading Passed with Amendments (133-0)
- Sponsored by:
- Senator Barbara A. Hoffman, District 42
- Senator William H. Amoss, District 35
- Senator Patrick J. Hogan, District 39
- 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
- REPORTS -see also- RECORDS
- 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
)
- Bill Text:
- First Reading (PDF),
Third Reading (PDF), Enrolled (PDF)
- Fiscal Note:
Available (PDF)
Amendments:
- Senate
- Number: 829707/2 (PDF) Offered on: MARCH 26, 1997 at: 13:31
Status: Adopted
- House
- Number: 515330/1 (PDF) Offered on: APRIL 7, 1997 at: 11:31
Status: Adopted