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| 143rd General Assembly
Senate Bill # 175 |
| Primary Sponsor: | Adams | Additional Sponsor(s): Rep. Spence |
| CoSponsors: | Sens. McDowell Blevins DeLuca McBride Sokola Vaughn Connor Amick Still Simpson Bonini Copeland,Reps. Smith Lee Gilligan VanSant Mulrooney Buckworth Ewing Viola Keeley Atkins Lavelle Hudson |
| Introduced on : | 06/14/2005 | |
| Long Title: | AN ACT TO AMEND TITLE 26 OF THE DELAWARE CODE RELATING TO RATE BASE. |
| Synopsis: | The existing definition of rate base predates the imposition of the Alternative Minimum Tax (“AMT”) on corporations. The payment of AMT results in an adjustment to accumulated deferred income taxes. This legislation clarifies that this adjustment to accumulated deferred income taxes is recognized in determining the utility’s rate base.
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| Committee Reports: |
Senate Committee report 06/15/05 F=0 M=5 U=0-----> |
| Voting Reports: |
Senate vote: () Passed 6/16/2005 3:46:15 PM------->
House vote: () Passed 6/23/2005 5:34:10 PM-------> |
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Actions History:
| Jun 28, 2005 - Signed by Governor
Jun 23, 2005 - Passed by House of Representatives
Jun 23, 2005 - Necessary rules are suspended in House
Jun 22, 2005 - Reassigned to Revenue & Finance Committee in House
Jun 21, 2005 - Introduced and Assigned to House Administration Committee in House
Jun 16, 2005 - Passed by Senate
Jun 15, 2005 - Reported Out of Committee (EXECUTIVE) with 5 On Its Merits
Jun 14, 2005 - Assigned to Executive committee in Senate
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