Delaware General Assembly

Signed 7/1/11

The General Assembly has ended, the current status is the final status.

5/13/11

Gilligan

Reps. Schwartzkopf, Longhurst, Atkins, Barbieri, B. Bennett, Bolden, Brady, Carson, Heffernan, Hocker, Hudson, Jaques, J. Johnson, Q. Johnson, Keeley, Kenton, Kowalko, Lee, Manolakos, Mitchell, Miro, Mulrooney, Outten, Osienski, Ramone, Schooley, Scott, D. Short, B. Short, Viola, Walker, D.E. Williams, D.P. Williams, Wilson
Sen. DeLuca, Blevins, Bonini, Booth, Bushweller, Hall-Long, Henry, Katz, F Simpson, Sokola, Sorenson

AN ACT TO AMEND TITLES 29 AND 30 OF THE DELAWARE CODE RELATING TO PUBLIC UTILITY TAX RATES AND THE USE OF THE PROCEEDS THEREOF.

This Act reduces the general public utility tax rate on electricity and gas from 5.00% to 4.25%. The Act also reduces the rate on electricity and gas distributed to manufacturers, food processors and other agribusinesses from 2.35% to 2.00%. The Act also transfers the first $5 million in proceeds generated by the public utility tax to the new Energy Efficiency Investment Fund, which will be used to finance energy efficiency projects that will reduce overall energy use and create jobs.

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Takes effect upon being signed into law

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