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United States · Bill · HR

H.R. 5531 (106th)

Electricity Price Spike Act of 2000

referredUnited States· United States Congress· EN

Introduced

24 October 2000

Last action

8 November 2000 · Referred

Status

Referred to the Subcommittee on Energy and Power.

Sponsors

Rep. Kucinich, Dennis J. [D-OH-10], Rep. Filner, Bob [D-CA-51]

Subjects

Energy, Taxation

Source updated

20 August 2025

Energy · Taxation

Summary

Electricity Price Spike Act of 2000 - Amends the Internal Revenue Code to impose an excise tax on the sale in the United States of any electricity equal to the applicable percentage of the windfall profit on such sale. Allows (until December 31, 2003), in the case of an individual, a limited tax credit for the amount paid or incurred by the taxpayer for qualified energy efficiency improvements installed during such taxable year. Requires each State to have or create a not-for-profit membership corporation to be known as the Citizens' Utility Board, Inc. Establishes an independent board to be known as the Reasonable Profits Board. Authorizes appropriations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 24 October 2000

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 24 October 2000

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  3. 24 October 2000

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 24 October 2000

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 8 November 2000

    Referred

    Referred to the Subcommittee on Energy and Power.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Related records

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Sources

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