When a distribution to the town as required under the State Franchise Tax Act shall not be made, the town franchise tax shall be levied for the periods herein described. A period for which the tax shall be due shall begin on the first day of the first calendar month following the month during which a distribution under the State Franchise Tax Act was due, but not made, to the town, and shall continue from month to month until such time as a distribution as required under the State Franchise Tax Act shall be made. The town shall notify taxpayers within a reasonable time after a required distribution is or is not made by the Secretary of Revenue. (Ord. of 6/3/02)