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2007 SESSION

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SB 1081 Communications sales and use tax; distribution formula for localities. 

Introduced by: Phillip P. Puckett | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Communications sales and use tax; distribution formula for localities. Provides for the inclusion of unpaid cable franchise fees by the Tax Commissioner when calculating each locality's share of the Communications Sales and Use Tax Trust Fund when the franchisee fails to pay them. The bill also requires the Auditor of Public Accounts to increase the amounts on a pro rata basis if a locality did not collect the tax revenues for the entire 12 months of Fiscal Year 2006.


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