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TITLE 58.1. MISCELLANEOUS - TAXATION.Telecommunications taxation. Proposes changes in the way telecommunications are taxed that would repeal several state and local taxes and replace them with a yet-to-be-named tax and E-911 fee and tax. Following the 2004 General Assembly Session, the working group of industry and local government representatives that has been assisting the Joint Subcommittee Studying the State and Local Taxation of the Entire Telecommunications Industry and Its Customers within the Commonwealth (HJR 651, 2003; HJR 209, 2002) with its work would continue to meet and work on remaining issues. The working group would report its recommendations to the chairmen of the House and Senate Finance Committees no later than November 15, 2004. The proposal is for legislation to be introduced during the 2005 General Assembly that would actually contain the provisions necessary to carry out this intent. This method is similar to the manner used for developing the changes needed for electric utility deregulation. HB 1174; CH. 634.
Table of Contents by Title | < Prev | Next > | Index of Bill Numbers Last updated: 05/27/04 14:08:40 © 2004 Division of Legislative Services.
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