Bill Type
Long Title
AN ACT PROVIDING FOR THE REIMPOSITION OF THE FRANCHISE TAX ON TELECOMMUNICATION COMPANIES, AMENDING FOR THE PURPOSE SECTIONS 108 AND 119 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES
Congress Author
Date filed
July 15, 2004
Scope

Legislative History

House Bill/Resolution NO. HB01469
FULL TITLE : AN ACT PROVIDING FOR THE REIMPOSITION OF THE FRANCHISE TAX ON TELECOMMUNICATION COMPANIES, AMENDING FOR THE PURPOSE SECTIONS 108 AND 119 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES
ABSTRACT : The bill re-imposes a five percent franchise tax on gross receipts on telephone and telegraph services in lieu of the value added tax.
PRINCIPAL AUTHOR/S : SINGSON, ERIC D.
DATE FILED : 2004-07-15
SIGNIFICANCE: NATIONAL
ACTIONS TAKEN BY THE COMMITTEE
COMMITEE HEARINGS/ACTIONS:
      1. Scheduled for first meeting/hearing on 2004-12-02
      2. Under deliberation by the Mother Committee on 2004-12-06
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2004-08-03

Abstract

The bill re-imposes a five percent franchise tax on gross receipts on telephone and telegraph services in lieu of the value added tax.'

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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.