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H 4343 - Reduces the maximum cable television franchise fee from five percent of gross revenues to three percent of gross revenues

Tracking Level: Of Interest
Sponsor: Nathan Ballentine (R)
Last Action: 3/28/2019 - House - Referred to Committee on Labor, Commerce and Industry
House Committee: LCI
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Reduces the maximum cable television franchise fee payable under a state-issued certificate of franchise authority from five percent of gross revenues to three percent of gross revenues.

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Session 123 - (2019-2020)Printer Friendly
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H 4343 General Bill, By Ballentine
Summary: Cable television franchise fees
    A BILL TO AMEND SECTION 58-12-330, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CABLE TELEVISION FRANCHISE FEES, SO AS TO REDUCE THE MAXIMUM FRANCHISE FEE PAYABLE UNDER A STATE-ISSUED CERTIFICATE OF FRANCHISE AUTHORITY FROM FIVE PERCENT OF GROSS REVENUES TO THREE PERCENT OF GROSS REVENUES.
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03/28/19House Introduced and read first time (House Journal-page 45)
03/28/19House Referred to Committee on Labor, Commerce and Industry (House Journal-page 45)



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