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HR 1986 107th Congress House Taxation Economics and Public Finance Energy Energy supplies Finance and Financial Sector Government Operations and Politics Government lending Municipal services Natural gas Tax-exempt securities

Municipal Utility Natural Gas Supply Act Of 2001

Introduced: May 24, 2001 See on congress.gov
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 24, 2001
Referred to the House Committee on Ways and Means.
May 24, 2001
Sponsor introductory remarks on measure. (CR E931-932)
May 24, 2001
Introduced in House
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 Plain-English summary Congressional Research Service
Municipal Utility Natural Gas Supply Act of 2001 - Amends the Internal Revenue Code to exclude from the definition of the term "investment property," as such term is used in defining "higher yield investments," any prepayment on a supply contract for the purpose of obtaining a supply of natural gas reasonably expected to be used by a utility which is owned and operated by a State or local government, or any State or local government political subdivision or instrumentality (thus permitting municipal gas systems to use their tax-exempt borrowing authority to fund the purchase of long-term, prepaid supplies of natural gas).
What's happening now May 24, 2001

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
D
Bishop, Sanford D.
Georgia · Jun 19, 2001
 R
Aderholt, Robert B.
Alabama · May 24, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1986: Municipal Utility Natural Gas Supply Act Of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-1986/
MLA
"H.R. 1986: Municipal Utility Natural Gas Supply Act Of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-1986/.
Bluebook (legal)
H.R. 1986, 107th Cong. (2026), https://openamerica.io/bill/107-HR-1986/.
Markdown link
[H.R. 1986: Municipal Utility Natural Gas Supply Act Of 2001](https://openamerica.io/bill/107-HR-1986/)
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