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United States · Bill · S

S. 972 (107th)

Electric Power Industry Tax Modernization Act

referredUnited States· United States Congress· EN

Introduced

25 May 2001

Last action

25 May 2001 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Murkowski, Frank H. [R-AK], Sen. Breaux, John B. [D-LA], Sen. Thompson, Fred [R-TN], Sen. Jeffords, James M. [I-VT], Sen. Allard, Wayne [R-CO], Sen. Kyl, Jon [R-AZ], Sen. Hagel, Chuck [R-NE]

Subjects

Energy, Taxation

Source updated

10 February 2026

Energy · Taxation

Summary

Electric Power Industry Tax Modernization Act - Amends the Internal Revenue Code to permit a governmental unit to make an irrevocable election to terminate certain tax-exempt bond financing for electric output facilities. Sets forth provisions concerning independent transmission companies. Provides for the exclusion from gross income as contributions to capital of certain amounts received by electric utilities. Revises the special rules concerning the tax treatment of nuclear decommissioning costs.

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

Timeline

  1. 25 May 2001

    Introduced

    Sponsor introductory remarks on measure. (CR S5704)

    Source: IntroReferral

  2. 25 May 2001

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 25 May 2001

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 25 May 2001

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 25 May 2001

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 25 May 2001

    Open at official source

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Sponsors

Related records

Sources

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