S0958B1405A04669 NAD:NLG 02/04/20 #90 A04669
AMENDMENTS TO SENATE BILL NO. 958
Sponsor: SENATOR MARTIN
Printer's No. 1405
Amend Bill, page 2, lines 2 through 8, by striking out "shall
be exempt from all State taxes. This exemption" in line 2 and
all of lines 3 through 8 and inserting
inside the limits of the borough and the sale of
electric power by a borough inside the limits of the borough
shall be exempt from the tax imposed under section 1101 of
the act of March 4, 1971 (P.L.6, No.2), known as the Tax
Reform Code of 1971.
Amend Bill, page 2, by inserting between lines 9 and 10
Section 2. The amendment of section 24A03(a)(1) shall apply
as follows:
(1) To gross receipts received after December 31, 2016.
(2) To sales to or by a municipal power agency or any
borough owned or operated utility established on or before
the effective date of this section.
Amend Bill, page 2, line 10, by striking out "2" and
inserting
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