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United States · Bill · HR

H.R. 1637 (104th)

Nuclear Decommissioning Costs Simplification Act of 1995

referredUnited States· United States Congress· EN

Introduced

15 May 1995

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

21 August 2025

Summary

Nuclear Decommissioning Costs Simplification Act of 1995 - Amends the Internal Revenue Code, with respect to the deduction for payments made to a Nuclear Decommissioning Reserve Fund, to: (1) eliminate the requirement that the Secretary of the Treasury determine certain amounts necessary to fund the taxpayer's portion of nuclear power plant decommissioning costs; and (2) provide rules for the treatment of amounts either deducted in excess of the allowable amount for the taxable year or that reflect a contribution shortfall.

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Documents

3 official files

Introduced in House (text)

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