United States · Bill · S
S. 173 (107th)
Consumer Utilities Turnback (CUT) Trust Fund Act of 2001
Introduced
24 January 2001
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
19 August 2025
Summary
Consumer Utilities Turnback (CUT) Trust Fund Act of 2001 - Amends the Internal Revenue Code to impose an excise tax on the windfall profit from the sale of electricity produced from a facility located in the United States at a rate equal to 100 percent of such windfall profit. Establishes the Consumer Utilities Turnback Trust Fund into which shall be appropriated revenues from such tax. Provides that amounts in the Fund shall be available, without further appropriation, for specified rebates for individual and business electricity consumers.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 24 January 2001
Introduced in Senate (PDF)
Introduced in Senate · EN · 24 January 2001
Introduced in Senate
summary · EN · 24 January 2001
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/107th-congress/senate-bill/173
- Open data entity: https://api.congress.gov/v3/bill/107/s/173