To amend the Internal Revenue Code of 1986 to provide for expensing of installing underground electric lines within the Hurricane Gustav disaster area, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

24 September 2008

Last action

24 September 2008 · Introduced

Status

Referred to the Subcommittee on Energy and Air Quality.

Summary

Amends the Internal Revenue Code to allow a taxpayer election to expense the cost of installing underground public utility property in the Hurricane Gustav disaster area. Terminates such expensing allowance after December 31, 2009. Directs the Comptroller General to study and report to Congress on the electric grid failures in Louisiana following Hurricane Gustav.

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Timeline

24 September 2008
Introduced
Introduced in House
Source: IntroReferral
24 September 2008
Introduced
Introduced in House
Source: IntroReferral
24 September 2008
Referred
Referred to the Subcommittee on Energy and Air Quality.
Source: Committee
24 September 2008
Introduced
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and 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
24 September 2008
Introduced
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and 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

Votes

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Versions

Introduced in House · 24 September 2008 · Download file

Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 24 September 2008
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Introduced in House (PDF)
Introduced in House · EN · 24 September 2008
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Introduced in House
summary · EN · 24 September 2008
Open at official source
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Related records

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Sources

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Official source: https://www.congress.gov/bill/110th-congress/house-bill/7043
Open data entity: https://api.congress.gov/v3/bill/110/hr/7043
us · 110-hr-7043 · source updated 15 January 2025