HD4 - Report of the Joint Subcommittee of the House Finance and Corporations, Insurance, and Banking Committees and the Senate Finance Committee on Interstate Toll Service Revenue of Telephone Companies

  • Published: 1979
  • Author: Joint Subcommittee of the House Finance and Corporations, Insurance, and Banking Committees and the Senate Finance Committee on Interstate Toll Service Revenue of Telephone Companies
  • Enabling Authority: House Joint Resolution 93 (Regular Session, 1978)

Executive Summary:

The study of whether Virginia's franchise tax on public service corporations should be extended to the interstate toll service reserve of Virginia's telephone companies was the result of the House Joint Resolution 93 as passed at the 1978 Session of the General Assembly.

Pursuant to this directive, the following were appointed to serve on the Joint Subcommittee: Delegate Bernard G. Barrow, Chairman; Senator Howard l P. Anderson, Vice Chairman; Senator Herbert H. Bateman; Delegate George P. Beard, Jr.; Senator Clive L. DuVal, 2nd; Delegate Alexander B. McMurtrie, Jr.; Delegate Thomas W. Moss, Jr.; Delegate Lewis W. Parker, Jr.; and Delegate S. Wallace Stieffen.

The Joint Subcommittee was assisted in its study by the Division of Legislative Services. Specific staff assigned were: E. M. Miller, Jr., Staff Attorney; John A. Garka, Economist; and Jill M. Pope, Legislative Research Associate. Also assisting the Joint Subcommittee were representatives from Virginia's telephone companies as well as the State Corporation Commission, especially Bernard L. Henderson, Jr., Assistant to the Commissioner.