A bill to amend the Internal Revenue Code of 1986 to improve electric reliability, enhance transmission infrastructure, and to facilitate access to the electric transmission grid.
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.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S5704)
Read twice and referred to the Committee on Finance.
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