1999 Regular Session

SENATE BILL 344

CHAPTER NUMBER: 5 File Code: Miscellaneous Crossfiled with: HOUSE BILL 366
Sponsored By:
Senator Hoffman (Chairman, Budget and Taxation Committee)
Entitled:
Electric and Gas Utility Tax Reform

Synopsis:

Imposing a public service company franchise tax on electric and gas utilities based on kilowatt hours of electricity or therms of natural gas delivered for final consumption in the State at a rate of 0.062 cents per kilowatt and 0.402 cents per therm; imposing the income tax on the income of electric and gas utilities; providing a property tax exemption for machinery and equipment used to generate electricity in the State; providing grants to counties; etc.

History by Legislative Date

Senate Action
2/5
First Reading Budget and Taxation
2/10
Hearing 3/3 at 1:30 p.m.
4/1

Favorable with Amendments Report by Budget and Taxation
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/2
Third Reading Passed (43-4)
4/5
Return Passed
4/8
Signed by the Governor Chapter 5
House Action
3/31
First Reading Ways and Means
4/2
Favorable Report by Ways and Means
4/1
Favorable Report Adopted
Second Reading Passed
Motion Rules Suspended 2rdgs same day (Delegate Hurson) Adopted (112-15)
Third Reading Passed (100-29)
Sponsored by:
Senator Barbara A. Hoffman, District 42
Chairman, Budget & Tax. Comm.
Bill indexed under the following Subjects:
ANNE ARUNDEL COUNTY
ASSESSMENTS AND TAXATION, DEPARTMENT OF
BALTIMORE CITY
BALTIMORE COUNTY
CALVERT COUNTY
CHARLES COUNTY
COMPTROLLER
DORCHESTER COUNTY
ENERGY MATTERS -see also- FUEL; POWER PLANTS; SOLAR ENERGY
EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
EXEMPTIONS
FRANCHISES
FUEL -see also- COAL
GRANTS
GROSS RECEIPTS TAX
HARFORD COUNTY
INCOME TAX
INTEREST
LEGISLATIVE SERVICES, DEPARTMENT OF
MONTGOMERY COUNTY
PENALTIES
PERSONAL PROPERTY
PRICES -see also- CONSUMER PRICE INDEX
PRINCE GEORGE'S COUNTY
PROPERTY TAX -see also- ASSESSMENTS
PUBLIC SERVICE COMMISSION
REPORTS -see also- RECORDS
REVENUE AND TAXES -see also specific taxes-
RULES AND REGULATIONS
SALARIES -see also- OVERTIME
SALES AND USE TAX
TAX CREDITS -see also- CIRCUIT BREAKER
UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER
WASHINGTON COUNTY
Bill affects the following Statutes:
Article - 24 Political Subdivisions - Miscellaneous Provisions
( 9-1102 , 9-1103 )
Tax - General
( 1-101 , 8-401 , 8-402 , 8-402.1 , 8-403 , 8-404 , 8-409 , 8-417 , 10-306 , 10-306 , 10-307 , 10-309 , 10-712 , 10-713 , 11-101 , 11-101 , 11-1A-01 , 11-1A-02 , 11-1A-03 , 11-1A-04 , 11-1A-05 , 11-1A-06 , 11-207 )
Tax - Property
( 1-101 , 1-101 , 7-237 , 8-101 , 8-109 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 759728/1 (PDF)     Offered on: April 2, 1999   at: 11:27 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
April 2, 1999: Third Reading Passed (43-4)
House
April 1, 1999: Motion Rules Suspended 2rdgs same day (Hurson) Adopted (112-15)
April 1, 1999: Third Reading Passed (100-29)