File Code: Miscellaneous
Crossfiled with: HOUSE BILL 747
- Sponsored By:
-
Senator Middleton
- Entitled:
-
Electric Utility Tax Reform - Maryland Electric Competition Credits
Imposing a public service company franchise tax on electric utilities
based on kilowatt hours of electricity delivered for final consumption
in the State at a rate of 0.137 cents per kilowatt; imposing the
income tax on the income of electric utilities; providing various
credits against the State income tax or public service company
franchise tax for property tax paid on property used to generate
electricity in the State and for providing additional credits for
specified electric companies; etc.
Senate Action
- 2/11
- First Reading Senate Rules
- 2/22
- Re-referred Budget and Taxation
- 2/23
- Hearing 3/3 at 1:30 p.m.
- 4/10
- Unfavorable Report by Budget and Taxation
House Action
- No Action
- Bill indexed under the following Subjects:
- ASSESSMENTS AND TAXATION, DEPARTMENT OF
- CONSUMER PROTECTION -see also- ADVTG.; LABELING; WARRANTIES.
- ENERGY MATTERS -see also- FUEL; POWER PLANTS; SOLAR ENERGY
- EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
- EXEMPTIONS
- FEES -see also- DEVELOPMENT FEES AND TAXES
- FRANCHISES
- FUEL -see also- COAL
- GROSS RECEIPTS TAX
- INCOME TAX
- PRICES -see also- CONSUMER PRICE INDEX
- PROPERTY TAX -see also- ASSESSMENTS
- PUBLIC SERVICE COMMISSION
- REVENUE AND TAXES -see also specific taxes-
- SALES AND USE TAX
- TAX CREDITS -see also- CIRCUIT BREAKER
- UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER
- Bill affects the following Statutes:
- Tax - General
- (
8-401 ,
8-402 ,
8-402.1 ,
8-403 ,
8-404 ,
8-409 ,
8-417 ,
8-418 ,
10-306 ,
10-306 ,
10-307 ,
10-309 ,
10-712 ,
10-713 ,
11-101 ,
11-101 ,
11-207
)
- Tax - Property
- (
1-101 ,
1-101 ,
8-109
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
