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2002 SESSION

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HB 1202 Electric utility consumption tax; localities share.

Introduced by: Harvey B. Morgan | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Electric utility consumption tax. Allows any locality not currently receiving the revenues generated by the local consumption tax component paid by the citizens of such locality, to receive such revenues. Currently, such localities do not receive those revenues because they did not impose the license tax as of December 31, 2000.

SUMMARY AS PASSED HOUSE:

Electric utility consumption tax. Allows any locality not currently receiving the revenues generated by the local consumption tax component paid by the citizens of such locality, to receive such revenues. Currently, such localities do not receive those revenues because they did not impose the license tax as of December 31, 2000.

SUMMARY AS INTRODUCED:

Electric utility consumption tax; Middlesex County's share. Allows Middlesex County to receive the revenues generated by the local consumption tax component paid by the citizens of Middlesex County as if such county imposed the license tax at the maximum rate allowed. Currently, the Middlesex County does not receive those revenues because it does not and did not impose the license tax as of December 31, 2000.