A bill to clarify the income tax treatment of amounts realized by certain regulated public utilities in settlement of damages under contracts for the purchase of fuel.
M. D. L. 235 Settlement Discounts Tax Act of 1981 - Excludes from gross income any discount or price reduction on property and services provided for under a specified fuel settlement involving Westinghouse Electric Corporation and certain public utilities.
Subcommittee on Taxation and Debt Management. Hearings held.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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