Introduced Version
House Bill 2950 History
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Key: Green = existing Code. Red = new code to be enacted
H. B. 2950
(By Delegates Howell, Householder, Cooper,
Cadle, Frich, Rowan, A. Evans, Romine, Storch and McCuskey)
[Introduced March 15, 2013; referred to the
Committee on Finance.]
A BILL to amend the Code of West Virginia, 1931,
as amended, by
adding thereto a new section, designated §24D-1-28; and to
amend said code by adding thereto a new section, designated
§31D-1-153, all
relating to providing cable operators and
satellite television providers a tax credit for offering
consumers access only to those channels they desire
.
Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931,
as amended, be amended
by adding thereto a new section, designated §24D-1-28; and to amend
said code by adding thereto a new section, designated §31D-1-153,
all
to read as follows:
CHAPTER 24D. CABLE TELEVISION.
ARTICLE 1. CABLE TELEVISION SYSTEMS ACT.
§24D-1-28. Ala Carte service.
_____After July 1, 2014 any cable operator who has been issued a
cable franchise pursuant to this chapter, and, following approval by the appropriate licensing authority, makes available to
consumers and potential consumers the option of subscribing, at
reasonable rates, only to those channels which the consumer
selects, is entitled to a tax credit to the tax imposed by article
twenty-four, chapter eleven of this code in the amount of twenty
five percent of the corporate net income derived from those
consumers selecting this option.
CHAPTER 31D. WEST VIRGINIA BUSINESS CORPORATION ACT.
ARTICLE 1. GENERAL PROVISIONS.
§31D-1-153. Ala Carte service.
_____After July 1, 2014 all corporations authorized, pursuant to
this chapter, and who, following approval by the appropriate
licensing authority, makes available to consumers and potential
consumers the option of subscribing, at reasonable rates, only to
those channels which the consumer selects, is entitled to a tax
credit to the tax imposed by article twenty-four, chapter eleven of
this code in the amount of twenty- five percent of the corporate
net income derived from those consumers selecting this option.
However, those corporations that take the tax credit permitted by
section twenty-eight, article one, chapter twenty-four-d of this
code may not also take the credit authorized by this section.
_____NOTE: The purpose of this bill is to
provide cable operators
and satellite television providers a tax credit for offering
consumers access only to those channels they select
.
These sections are new; therefore, it has been completely
underscored.