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 1992 - Amends the Internal Revenue Code to repeal the normalization method of accounting requirements with respect to excess deferred tax reserves of public utilities.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line