DE HB261

Adds direct-to-home satellite services to Delaware's public utility tax base, defining them according to the Communications Act of 1934 (47 U.S.C. § 303(v))

Increases the tax rate on public utilities other than cable television from 4.25% to 5.00%

Increases the tax rate on cable television from 2% to 2.35%

Extends public utility tax exemptions to distributors of direct-to-home satellite services for gross receipts subject to Chapter 55 taxation

Effective for tax periods beginning after July 31, 2009