Baltimore City Council
File #: 10-0470    Version: 0 Name: Energy Tax - Rates
Type: Ordinance Status: Enacted
File created: 4/12/2010 In control: City Council
On agenda: Final action: 6/21/2010
Enactment #: 10-300
Title: Energy Tax - Rates FOR the purpose of modifying the basic rate of the energy tax; curtailing the tax reduction for certain users; providing for a special effective date; and generally relating to the imposition and collection of an energy tax.
Sponsors: City Council President (Administration)
Indexes: Energy, Rate, Tax
Attachments: 1. 10-0470 - 1st Reader.pdf, 2. BDC - 10-0470.pdf, 3. Health - 10-0470.pdf, 4. Law - 10-0470.pdf, 5. Finance - 10-0470.pdf, 6. BDC - 0470 (Follow-up Report).pdf, 7. 10-0470 - 3rd Reader.pdf, 8. 10-0470 - Enrolled 3rd Reader.pdf
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 (Finance Department)

A BILL ENTITLED

AN ORDINANCE concerning
title
Energy Tax - Rates

FOR the purpose of modifying the basic rate of the energy tax; curtailing the tax reduction for certain users; providing for a special effective date; and generally relating to the imposition and collection of an energy tax.
body
BY repealing and reordaining, with amendments
Article 28 - Taxes
Section(s) 25-14(c), (d), and (e)
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 Taxes

Part 2. Energy Tax

ยงย 2514. Rates.

(c) Computation of base year rates.

(1) For each class of energy and each class of user, the Director shall compute a base year tax rate for Fiscal Year 2005 by:

(I) [(1)] multiplying the sum of the revenues from each class of user for each class of energy by 0.08; and


(II) [(2)] then dividing that product by the sum of the units of each class of energy delivered to the class of users.

(2) FOR FISCAL YEAR 2011 AND EACH SUBSEQUENT FISCAL YEAR, THE BASE YEAR TAX RATE SHALL BE THE AMOUNT COMPUTED UNDER PARAGRAPH (1) OF THIS SUBSECTION, AS ADJUSTED UNDER SUBSECTION (D) OF THIS SECTION, MULTIPLIED BY 1.15%.

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