A bill to repeal the provision of the Tax Reform Act of 1986 which limits the benefits to consumers from the effect of the corporate rate reduction on deferred tax reserves of public utilities.
Utility Ratepayer Refund Act of 1987 - Repeals provisions of the Tax Reform Act of 1986 which extend the normalization requirements to the treatment of excess deferred tax reserves of public utility companies.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Referred to Subcommittee on Select Revenue Measures.
Subcommittee Hearings Held.
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