HOUSE BILL 692

Sponsored By:

Delegates Carr, Barve, and Luedtke

Entitled:

Public Service Company Franchise Tax - Gross Receipts - Definition

Synopsis:

Altering the definition of gross receipts to exempt from the public service company franchise tax specified revenue that a public service company collects to offset local government taxes imposed based on electricity or natural gas delivered to residential property; etc.

History by Legislative and Calendar Date

House Action

2/10

First Reading Ways and Means & Economic Matters

2/16

Hearing 3/1 at 1:00 p.m. (Ways and Means)

Senate Action

No Action

Sponsored by:

Delegate Alfred C. Carr, Jr., District 18

Delegate Kumar P. Barve, District 17

Delegate Eric G. Luedtke, District 14

Bill indexed under the following Subjects:

Counties -see also- Chartered Counties; Code Counties

Exemptions

Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.

Franchise Tax

Municipal Corporations -see also- Annap; Balt; Hager; OC

Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.

Utilities -see also- High Voltage Lines; Telephones; Water

Bill affects the following Statute:

Tax - General

( 8-401 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered