SB 559: Support Removing Ambiguity from Gross Receipts Tax Code

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Overview of SB 559 by Hancock

  • SB 559 strikes the word “local” from several portions of Section 182 of the Tax Code to clarify that a seller of utility services, such as a retail electric provider (REP) is subject to the tax, even if the seller is not physically located in the market it serves.

AECT Supports SB 559

  • This legislation reflects the way the tax is presently assessed, and removed unnecessary ambiguity from the Tax Code.

Click here to download a PDF of this issue paper