S 1641
102th Congress
Senate
Taxation
Income tax
Nuclear facilities
Tax rates
Nuclear Decommissioning Reserve Fund Act of 1991
Introduced: August 2, 1991
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 2, 1991
Read twice and referred to the Committee on Finance.
Aug 2, 1991
Introduced in Senate
Plain-English summary
Nuclear Decommissioning Reserve Fund Act of 1991 - Amends the Internal Revenue Code to: (1) decrease the rate of tax imposed on the income of any Nuclear Decommissioning Reserve Fund from 34 percent to 22 percent for taxable years beginning after December 31, 1990, and before January 1, 1993, and to 20 percent for taxable years beginning after December 31, 1992; and (2) remove restrictions on permitted investments of Fund monies.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1