S 2110 · 102th Congress · Taxation
A bill to amend the Internal Revenue Code of 1986 to clarify that conservation expenditures by electric utilities are deductible for the year in which paid or incurred.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(1991-11-26)
Plain Language Summary
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Amends the Internal Revenue Code to allow an electric utility a deduction for energy conservation expenditures which are paid or incurred in connection with its trade or business as expenses which are not chargeable to its capital account.…
Summarized by Claude AI · Non-partisan · For informational purposes only