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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
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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 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
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 Plain-English summary Congressional Research Service
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 April 26, 2001

Read twice and referred to the Committee on Finance.

 Related & companion bills 1
  • HR 1601 Identical bill Rural Electric Tax Equity Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Democratic 1 Republican 1
D
Wyden, Ron
Oregon · May 15, 2001
 R
Grassley, Chuck
Iowa · Apr 26, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). S. 794: Rural Electric Tax Equity Act. 107th Congress. Open America. https://openamerica.io/bill/107-S-794/
MLA
"S. 794: Rural Electric Tax Equity Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-794/.
Bluebook (legal)
S. 794, 107th Cong. (2026), https://openamerica.io/bill/107-S-794/.
Markdown link
[S. 794: Rural Electric Tax Equity Act](https://openamerica.io/bill/107-S-794/)
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