Public service companies; increases max. allowable rates of special reg. taxes that can be imposed. (HB129)

Introduced By

Del. Mark Sickles (D-Alexandria)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Increasing the maximum allowable rates of special regulatory taxes that can be imposed by the State Corporation Commission on public service companies. Increases the maximum allowable rates of several taxes, known as special regulatory taxes, that apply to public service companies such as those that provide water, heat, light, or power. The bill increases the maximum allowable rate of the gross receipts tax from 0.2 percent to 0.26 percent, increases the maximum allowable rates of three electricity consumption taxes that are measured per kilowatt hour, and increases the maximum allowable rate of the natural gas consumption tax from $0.0020 per cubic foot to $0.0026 per cubic foot. Read the Bill »

Status

02/26/2020: Passed the Senate

History

DateAction
12/16/2019Committee
12/16/2019Prefiled and ordered printed; offered 01/08/20 20102148D
12/16/2019Referred to Committee on Finance
01/29/2020Assigned Finance sub: Subcommittee #1
02/03/2020Subcommittee recommends reporting (8-Y 2-N)
02/04/2020Impact statement from SCC (HB129)
02/05/2020Reported from Finance (16-Y 6-N) (see vote tally)
02/06/2020Read first time
02/07/2020Read second time and engrossed
02/10/2020Read third time and passed House (58-Y 41-N)
02/10/2020VOTE: Passage (58-Y 41-N) (see vote tally)
02/11/2020Constitutional reading dispensed
02/11/2020Referred to Committee on Finance and Appropriations
02/25/2020Reported from Finance and Appropriations (15-Y 0-N 1-A) (see vote tally)
02/26/2020Constitutional reading dispensed (38-Y 0-N) (see vote tally)
02/26/2020Read third time
02/26/2020Passed Senate (33-Y 6-N 1-A) (see vote tally)
02/26/2020Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (see vote tally)
02/26/2020Passed Senate (25-Y 14-N 1-A) (see vote tally)

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