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2010 SESSION

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HB 1090 Communications sales & use tax; net revenue distributed according to each locality's pro rata.

Introduced by: Anne B. Crockett-Stark | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED HOUSE:

Communications sales and use tax; Tazewell County.  Provides that Tazewell County's share of communication sales and use tax revenue be equal to the distributions it would have received if the Auditor of Public Accounts had certified that the County had received $650,507 of telecommunications and television cable funds in fiscal year 2006.  The bill also permits the Tax Commissioner to make administrative adjustments to any locality's allocation of such revenues in certain circumstances, up to a maximum of $100,000.

SUMMARY AS INTRODUCED:

Communications sales and use tax; Tazewell County. Provides that Tazewell County shall receive its share ($215,276.00) of the communications sales and use tax revenues based on the revenues it would have collected if the cable franchise company in the county had not gone bankrupt in the 2005-2006 fiscal year.