HARRISBURG – Rep. Craig Williams (R-Delaware/Chester) vigorously argued on the House floor to pass the largest tax cut in the history of the Commonwealth. Previously, the House passed an amendment which converted a bill to overhaul utility return on equity (ROE) into a tax-cut bill, eliminating the Pennsylvania’s Gross Receipts Tax (GRT) from consumer utility bills. Elimination of the GRT would mean an immediate 6.5% cut in electricity bills for every Pennsylvania ratepayer. The revenue from the GRT goes to the General Fund, which means the state budget must be trimmed by the amount of those revenues. Williams noted that utilities currently collect the tax through monthly electric bills and remit the revenue to the Commonwealth. Williams has advocated for policies that lower electricity costs and protect ratepayers from rising prices driven by increasing demand and limited electric generation through his Pennsylvania Electricity Ratepayer Protection Act. House Bill 2224 now heads to the Senate for consideration.