§ 200. Tax levied.

Latest version.

After the 1st day of August, 1935, there is levied and assessed an annual tax in the amount of two percent (2%) of the gross receipts from sales of power, light, heat, gas and electricity in the City of Tulsa from residential and commercial sales, which tax shall be in lieu of any other franchise, license, occupation or excise tax; provided, however, that the provisions herein shall not apply to any person, firm, association or corporation operating under a valid franchise in the City.

(Ord. No. 4108)

                    
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