HB 2708 - DIGEST

     Provides that a city or town that imposes any tax or payment measured by gross receipts received for electricity or electrical distribution services shall allow a credit against such tax for the full amount of any tax or payment imposed by another city or town in which the electricity is delivered, if the taxes or payments are measured by the same gross receipts.  For the purposes of this section, electricity is delivered at the situs of the meter measuring the electricity delivered to the consumer.