GSSCC will testify this week, for the fourth year in a row, asking the Montgomery County Council to either sunset, or at least continue reducing the burden of the County's exorbitant Energy Tax. Despite consistent calls from the business community to eliminate the 100% increase that was imposed in 2010, the County Executive has continued to base his annual budgets on continuing the tax. For most business owners, the cost of this tax alone is greater than the amount they pay the utility company to bring power to their businesses.
The Energy Tax increase was passed in 2010 with the understanding that it would sunset in two years. Five years later, it is still intact and now represents the third highest source of tax generated revenue for the county. GSSCC, and other business advocates have been successful in persuading Councilmembers to gradually reduce the tax over the past three years.
A resolution to reduce the FY2016 receipts of the tax by another 10% has been proposed by Councilmember Nancy Floreen (At-Large) and co-sponsored by Councilmember Sidney Katz (District 3). Members interested in supporting a reduction in the tax should contact Councilmembers by phone or email today. Click here for contact information.