(Local Option #NN) Tax Credit Offset for Cable License Fees

*This information is for Model City Tax Code purposes only.

++(Local Option #NN:

Sec.___--265. Tax credit offset for cable license fees.

Notwithstanding all other provisions of this tax code, there shall be allowed as an offset, up to amount of tax due from a cable operator licensed by the City arising from its business activities relating to or forming a part of its cable system operation under such license by such operator and taxable under this tax code, any amounts paid to the City for cable license fees.)++