Skip to main content
HR 2080 107th Congress House

To amend the Internal Revenue Code of 1986 to deny accelerated depreciation for electric generating facilities having excess profits in order to prevent taxpayers operating such facilities from…

Official title: To amend the Internal Revenue Code of 1986 to deny accelerated depreciation for electric generating facilities having excess profits in order to prevent taxpay… Show full official titleShow less

Official title: To amend the Internal Revenue Code of 1986 to deny accelerated depreciation for electric generating facilities having excess profits in order to prevent taxpayers operating such facilities from having both excess profits and tax incentives.

Introduced: June 12, 2001 See on congress.gov
Taxation Alternative energy sourcesBusiness income taxCommerceDepreciation and amortization
More subjectsShow fewer subjects
Electric power productionElectric utilitiesElectric utility ratesEnergyHydroelectric powerIncome taxProfitSolar energySolar power plantsTax deductionsWater Resources DevelopmentWind power
Sign in to write a letter Sign in to watch
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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 6, 2001
Referred to the House Committee on Ways and Means.
Jun 6, 2001
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.

 Latest action June 6, 2001

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service
Amends the Internal Revenue Code to deny accelerated depreciation and recapture previously permitted accelerated benefits for electric generating facilities with excess profits (pretax rate of return in excess of 15 percent for the taxable year).
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Independent 1
I
Sanders, Bernard
Vermont · Jun 12, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2080: To amend the Internal Revenue Code of 1986 to deny accelerated depreciation for electric generating facilities having excess profits in order to prevent taxpayers operating such facilities from having both excess profits and tax incentives.. 107th Congress. Open America. https://openamerica.io/bill/107-HR-2080/
MLA
"H.R. 2080: To amend the Internal Revenue Code of 1986 to deny accelerated depreciation for electric generating facilities having excess profits in order to prevent taxpayers operating such facilities from having both excess profits and tax incentives.." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-2080/.
Bluebook (legal)
H.R. 2080, 107th Cong. (2026), https://openamerica.io/bill/107-HR-2080/.
Markdown link
[H.R. 2080: To amend the Internal Revenue Code of 1986 to deny accelerated depreciation for electric generating facilities having excess profits in order to prevent taxpayers operating such facilities from having both excess profits and tax incentives.](https://openamerica.io/bill/107-HR-2080/)
Report a problem