A bill to amend the Internal Revenue code of 1954 to deny electric and gas public utilities a deduction for amounts paid or incurred by such utilities to advertise or promote the sale or use of electricity or gas.

referredUnited States· United States Congress· EN

Introduced

13 May 1975

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Prohibits a tax deduction under the Internal Revenue Code for any amount paid or incurred by a utility to advertise or promote the sale or use of electrical energy or gas or to advertise or promote the seller or furnish of electrical energy or natural gas.

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Documents

1 official file

Introduced in House
summary · EN · 13 May 1975
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/94th-congress/house-bill/6926
Open data entity: https://api.congress.gov/v3/bill/94/hr/6926