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United States · Bill · HR

H.R. 16078 (93rd)

Fuel Adjustment Relief Act

referredUnited States· United States Congress· EN

Introduced

23 July 1974

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 September 2025

Summary

Fuel Adjustment Relief Act - States that there shall be allowed as a tax credit against income tax an amount equal to 50 percent of the increased residential electricity expenses paid or incurred by the taxpayer during the taxable year. Prescribes a method for computing for the taxable year the increased residential electricity expenses. States that the credit authorized by this Act shall apply to calendar years 1974 through 1978.

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Documents

1 official file

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