Skip to main content
HR 846 103th Congress House Taxation Construction costs Corporation taxes Depreciation and amortization Income tax Public utilities Sewage disposal Tax deductions Tax exclusion Water supply

To amend section 118 of the Internal Revenue Code of 1986 to provide for certain exceptions from rules for determining contributions in aid of construction, and for other purposes.

Introduced: February 4, 1993 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 103rd Congress ended
It never became law before the 103rd Congress (1993–1994) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 17, 1993
Subcommittee Hearings Held.
May 27, 1993
Referred to the Subcommittee on Select Revenue Measures.
Feb 4, 1993
Referred to the House Committee on Ways and Means.
Feb 4, 1993
Sponsor introductory remarks on measure. (CR E303-304)
Feb 4, 1993
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code with respect to the corporate income tax exclusion of contributions to the capital of the taxpayer. Includes as a qualifying contribution any amount of money or property received by a regulated public utility which provides water or sewage disposal services that: (1) is a contribution in aid of construction; (2) meets certain expenditure requirements; and (3) is not included in the taxpayer's rate base. Excludes amounts paid as service charges for starting or stopping services.

Determines the depreciation deduction for such property by using the straight line method and provides for a 25-year recovery period.

What's happening now June 17, 1993

Subcommittee Hearings Held.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 7
All 7 Democratic 5 Republican 2
D
DeLauro, Rosa L.
Connecticut · Apr 28, 1994
 D
Pallone, Frank
New Jersey · Feb 8, 1994
 D
Pelosi, Nancy
California · Feb 8, 1994
 R
Crapo, Mike
Idaho · Sep 27, 1993
 D
Neal, Richard E.
Massachusetts · Jul 23, 1993
 D
Reed, Jack
Rhode Island · Jul 23, 1993
 R
Smith, Christopher H.
New Jersey · Feb 24, 1993
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 846: To amend section 118 of the Internal Revenue Code of 1986 to provide for certain exceptions from rules for determining contributions in aid of construction, and for other purposes.. 103rd Congress. Open America. https://openamerica.io/bill/103-HR-846/
MLA
"H.R. 846: To amend section 118 of the Internal Revenue Code of 1986 to provide for certain exceptions from rules for determining contributions in aid of construction, and for other purposes.." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-HR-846/.
Bluebook (legal)
H.R. 846, 103rd Cong. (2026), https://openamerica.io/bill/103-HR-846/.
Markdown link
[H.R. 846: To amend section 118 of the Internal Revenue Code of 1986 to provide for certain exceptions from rules for determining contributions in aid of construction, and for other purposes.](https://openamerica.io/bill/103-HR-846/)
Report a problem