A4698 — Imposes 10 percent electric public utility windfall surtax on taxpayers with allocated taxable net income in excess of $10 million under CBT.

A4698 — Imposes 10 percent electric public utility windfall surtax on taxpayers with allocated taxable net income in excess of $10 million under CBT. · Informed CitizenryThe bill establishes an electric public utility windfall surtax, which will be imposed on taxpayers that are electric public utilities. A taxpayer must have allocated taxable net income in excess o…Open in Informed Citizenry