H.R. 5415 — POWER Act

Summary

Public Oversight of Wholesale Electric Rates Act or POWER Act - Amends the Internal Revenue Code to impose an excise tax on the windfall profit from the sale of electricity at wholesale in the Western System Coordinating Council. Sets the tax at 100 percent of the windfall profit.

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Legislative Actions

2000-10-06
Introduced in House
2000-10-06
Introduced in House
2000-10-06
Referred to the House Committee on Ways and Means.

POWER Act

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