H.R. 443 — 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

2001-02-06
Introduced in House
2001-02-06
Introduced in House
2001-02-06
Referred to the House Committee on Ways and Means.

POWER Act

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