Committee: Finance and Taxation EducationSponsor: Jones
Analyst: Jessica PerezDate: 03/10/2021


Senate Bill 18 as introduced exempts the Floyd Cherokee Medical Center LLC from paying Utility Gross Receipts Tax, which will decrease receipts to the Education Trust Fund by approximately $21,000 per year.

As amended and reported by the Committee on Finance and Taxation Education, the provisions of this bill would sunset on September 30, 2025.

 Arthur Orr, Chairperson
Finance and Taxation Education