HR 5484 · 106th Congress · Taxation

Electricity Windfall Profit Tax Act of 2000

Introduced 2000-10-18· Sponsored by Rep. Bilbray, Brian P. [R-CA-49]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2000-10-18)

Plain Language Summary

[AI summary unavailable — showing source text] Electricity Windfall Profit Tax Act of 2000 - Amends the Internal Revenue Code to impose an excise tax equal to the windfall profit on the retail sale of electricity for use in Orange and San Diego Counties in California during June, July, or August of 2000. Appropriates revenues from such tax to Orange and San Diego Counties to provide relief to residents for the high costs of electricity incurred during the summer of 2000.…

Summarized by Claude AI · Non-partisan · For informational purposes only