A953 — Ends the transitional energy facilities assessment, caps the State use portion of State energy tax revenues and ensures the balance of such State revenues are paid annually as municipal aid.

A953 — Ends the transitional energy facilities assessment, caps the State use portion of State energy tax revenues and ensures the balance of such State revenues are paid annually as municipal aid. · Informed CitizenryBill A953 proposes to end the transitional energy facilities assessment (TEFA), a mechanism established in 1997 to phase in changes to utility taxation. The bill seeks to cap the portion of state e…Open in Informed Citizenry