48:5A-33 - Amount
48:5A-33.Ā Amount
The assessment shall be equal to a percentage of the gross operating revenues of all CATV companies under the jurisdiction of the office derived from intrastate operations during the preceding calendar year at a rate to be determined annually by the office on or before June 30 in the following manner:
The total amount appropriated to the office by law for its general purposesĀ for its next fiscal year, less revenue derived from fees under sections 16, 17Ā and 18 during the preceding calendar year, shall be divided by the total amountĀ of the gross operating revenues of all CATV companies under the jurisdiction ofĀ the office derived from intrastate operations during the preceding calendarĀ year.Ā The quotient resulting shall constitute the percentage rate of theĀ assessment for the calendar year in which such computation is made.Ā The totalĀ amount so assessed to any particular CATV company shall not exceed 2% of itsĀ gross operating revenue subject to assessment hereunder.
L.1972, c. 186, s. 33.
The assessment shall be equal to a percentage of the gross operating revenues of all CATV companies under the jurisdiction of the office derived from intrastate operations during the preceding calendar year at a rate to be determined annually by the office on or before June 30 in the following manner:
The total amount appropriated to the office by law for its general purposesĀ for its next fiscal year, less revenue derived from fees under sections 16, 17Ā and 18 during the preceding calendar year, shall be divided by the total amountĀ of the gross operating revenues of all CATV companies under the jurisdiction ofĀ the office derived from intrastate operations during the preceding calendarĀ year.Ā The quotient resulting shall constitute the percentage rate of theĀ assessment for the calendar year in which such computation is made.Ā The totalĀ amount so assessed to any particular CATV company shall not exceed 2% of itsĀ gross operating revenue subject to assessment hereunder.
L.1972, c. 186, s. 33.