Local Taxpayer Protection Act of 2018
Sponsored By: Representative Faso, John J. [R-NY-19]
Unknown
Summary
Local Taxpayer Protection Act of 2018 This bill requires certain hydropower facility licensees to make an annual payment of $1.8 million to the county in which the licensed hydropower facility is located. Subsequent payments must increase by 2% of the preceding annual payment. The fee applies to a state, or a subdivision of the state, that (1) received a license for a pumped-storage facility, and (2) filed for the license in April 2017.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Faso, John J. [R-NY-19]
NY • R
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
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