A bill to amend the Internal Revenue Code of 1986 to exclude from gross income payments made by electric utilities to customers to subsidize the cost of energy conservation services and measures.

Summary

Amends the Internal Revenue Code to exclude from gross income the value of any subsidy provided by a public utility to a customer for the purchase or installation of energy conservation measures.

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

Timeline

1. 24 April 1991

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 24 April 1991

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 13 June 1991

   Committee

   Subcommittee on Energy and Agricultural Taxation. Hearings held.

   Source: Committee

4. 14 June 1991

   Committee

   Subcommittee on Energy and Agricultural Taxation. Hearings held.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · undated · Official file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 24 April 1991

  Open at official source

Sponsors

• Sen. Daschle, Thomas A. [D-SD] · D · Sponsor
• Chuck Grassley · R · Sponsor
• Sen. Hollings, Ernest F. [D-SC] · D · Cosponsor
• Sen. Bumpers, Dale [D-AR] · D · Cosponsor
• Sen. Burdick, Quentin N. [D-ND] · D · Cosponsor
• Sen. Lieberman, Joseph I. [D-CT] · D · Cosponsor
• Sen. Mikulski, Barbara A. [D-MD] · D · Cosponsor
• Rep. Craig, Larry E. [R-ID-1] · R · Cosponsor
• · ssfi00 · Standing

Related records

• related to → To amend the Internal Revenue Code of 1986 to exclude from gross income payments made by electric utilities to customers to subsidize the cost of energy conservation services and measures.