West Virginia § 11-13F-1 Legislative Purpose

West Virginia Statutes

§ 11-13F-1 — Legislative Purpose

West Virginia·Ch. 11 TAXATION·Art. 13F BUSINESS AND OCCUPATION TAX CREDIT FOR REDUCING ELECTRIC AND NATURAL GAS UTILITY RATES FOR LOW-INCOME RESIDENTIAL CUSTOMERS

In order to reimburse public utilities for the revenue deficiencies that they incur in providing special reduced electric or natural gas, water, or sewer utility rates to low-income residential customers in accordance with the provisions of §24-2A-1 et seq. of this code, there is hereby provided a business and occupation tax credit for reducing electric, natural gas, water, or sewer utility rates for low-income residential customers.

Free access — add to your briefcase to read the full text and ask questions with AI

In order to reimburse public utilities for the revenue deficiencies that they incur in providing special reduced electric or natural gas, water, or sewer utility rates to low-income residential customers in accordance with the provisions of §24-2A-1 et seq. of this code, there is hereby provided a business and occupation tax credit for reducing electric, natural gas, water, or sewer utility rates for low-income residential customers.

West Virginia § 11-13F-1 (Legislative Purpose) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.