Explanation: Capitals indicate matter added to existing law.
[Brackets] indicate matter deleted from existing law.
* Warning: This is an unofficial, introductory copy of the bill.
The official copy considered by the City Council is the first reader copy.
Introductory*
City of Baltimore
Council Bill
Introduced by: The Council President
At the request of: The Administration (Department of Finance)
A Bill Entitled
An Ordinance concerning
title
Corrective - Consumer Price Index Used in the Adjustment of the Energy Tax Rate
For the purpose of correcting the name of the Consumer Price Index used in the annual adjustment of the energy tax rate; modifying the fiscal year for the rate adjustment; and providing for a special effective date.
body
By repealing and reordaining, with amendments
Article 28 - Taxes
Section(s) 25-14(d)
Baltimore City Code
(Edition 2000)
Section 1. Be it ordained by the Mayor and City Council of Baltimore, That the Laws of Baltimore City read as follows:
Baltimore City Code
Article 28. Taxes
Subtitle 25. Public Utilities Tax
Part 2. Energy Tax
§ 25-14. Rates.
(d) Annual adjustments.
For Fiscal Year [2006] 2020 and each subsequent fiscal year, these tax rates shall be adjusted by the percentage change in the [Washington-Baltimore] Baltimore-Columbia-Towson Consumer Price Index, as reported by the United States Department of Labor, comparing December of the preceding calendar year to the December of the next preceding calendar year.
Section 2. And be it further ordained, That the catchlines contained in this Ordinance are not law and may not be considered to have been enacted as a part of this or any prior Ordinance.
Section 3. And be it further ordained, That this Ordinance takes effect on the date it is enacted.