S 794
107th Congress
Senate
Taxation
Business income tax
Commerce
Cooperative societies
Deregulation
Dividends
Economics and Public Finance
Electric power distribution
Electric power production
Electric power transmission
Electric utilities
Electric utility rates
Eminent domain
Energy
Federally-assisted loans
Federally-guaranteed loans
Finance and Financial Sector
Government Operations and Politics
Housing and Community Development
Income tax
Rural Electric Tax Equity Act
Introduced: April 26, 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 26, 2001
Read twice and referred to the Committee on Finance.
Apr 26, 2001
Introduced in Senate
Plain-English summary
Rural Electric Tax Equity Act - Amends the Internal Revenue Code to permit an exempt mutual or electric cooperative to exclude from income certain prepayments of any loan, debt, or obligation made, insured, or guaranteed under the Rural Electrification Act of 1936. Adds rules concerning the treatment of certain amounts received by taxable electric cooperatives.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1