CT SB00350

Repeals and replaces Section 12-258 of the general statutes, effective July 1, 2010, for quarterly periods commencing on or after that date.

Establishes that satellite television providers and certified competitive video service providers are taxed on gross earnings from transmission to Connecticut subscribers at rates determined by apportionment formulas.

Sets tax rate at 5 percent of gross earnings for community antenna television systems and certified competitive video service providers, reduced by any assessments under Section 16-49.

Sets tax rate at 5 percent of gross earnings for one-way satellite transmission providers that transmit the Connecticut Television Network to all Connecticut subscribers, or 6 percent if they do not provide such transmission.

Apportionment of gross earnings to Connecticut is calculated based on the ratio of in-state to total subscribers or line miles, measured on the first and last days of each quarterly period.