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Oakwood votes to levy energy tax on manufacturers

POSTED: September 10, 2012 7:40 p.m.

Oakwood City Council voted Monday night on an agreement with other local governments that will allow them to collect a 2 percent sales tax from local manufacturers on their energy use.

State lawmakers, seeking ways to attract more industry, decided earlier this year to phase out the tax over a four-year period.

If local governments charge the excise tax, manufacturers will still stop paying the 4 percent sales tax on their energy use that once went to the state. They will also still pay the 1 percent sales tax for local education initiatives.

Oakwood's action follows a similar Sept. 4 vote by Gainesville City Council.



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