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S08671 Summary:

BILL NOS08671
 
SAME ASSAME AS A09849
 
SPONSORMARTUCCI
 
COSPNSRTEDISCO
 
MLTSPNSR
 
Amd §606, Tax L; add §18, Pub Serv L
 
Provides a tax credit for utility bill payments made in taxable years 2022 and 2023 based on the difference of the average monthly utility bill payment in the year in which the credit is claimed and the average monthly utility bill payment in the preceding three taxable years; establishes a moratorium on certain utility bill surcharges until April 1, 2023; provides for the repeal of such moratorium upon expiration thereof.
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