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2014 SESSION

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SB 112 License, local and local machinery and tools taxes; Commonwealth to pay on behalf of taxpayers.

Introduced by: William M. Stanley, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Local license tax and local machinery and tools tax. Provides that the Commonwealth pay on behalf of taxpayers the total amount of license taxes and machinery and tool taxes owed to a locality for any calendar year in which the locality has an annual unemployment rate that is equal to or greater than twice the statewide average. Such payments to a locality shall continue until the applicable locality's annual unemployment rate is equal to or less than the statewide average.


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