United States · Bill · S
S. 972 (107th)
Electric Power Industry Tax Modernization Act
Introduced
25 May 2001
Last action
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Status
Read twice and referred to the Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
10 February 2026
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.
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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 · 25 May 2001
Introduced in Senate (PDF)
Introduced in Senate · EN · 25 May 2001
Introduced in Senate
summary · EN · 25 May 2001
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/107th-congress/senate-bill/972
- Open data entity: https://api.congress.gov/v3/bill/107/s/972