HR 1459
107th Congress
House
Energy
Business income tax
Capital gains tax
Citizen participation
Commerce
Corporation taxes
Deregulation
Electric power distribution
Electric power production
Electric power transmission
Electric utilities
Finance and Financial Sector
Government Operations and Politics
Income tax
Independent power producers
Nuclear facilities
Nuclear power plants
Public utility regulation
Stocks
Tax deductions
Electric Power Industry Tax Modernization Act
Introduced: April 4, 2001
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 4, 2001
Referred to the House Committee on Ways and Means.
Apr 4, 2001
Introduced in House
Plain-English summary
Electric Power Industry Tax Modernization Act - Amends the Internal Revenue Code to permit a governmental unit to make an irrevocable election to terminate certain tax-exempt bond financing for electric output facilities.
Sets forth provisions concerning independent transmission companies.
Provides for the exclusion from gross income as contributions to capital of certain amounts received by electric utilities.
Revises the special rules concerning the tax treatment of nuclear decommissioning costs.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1