HR 4286 · 109th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow electric utility companies to expense the cost of replacing above-ground electric transmission lines with underground electric transmission lines.

Introduced 2005-11-09· Sponsored by Rep. Shaw, E. Clay, Jr. [R-FL-22]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-11-09)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow a qualified public electric utility to elect to expense (i.e., deduct all costs in the current taxable year) the cost of installing an underground electric transmission line to replace an aboveground line.…

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

Cosponsors (1)

1 Democrat
Rep. Wexler, Robert [D-FL-19]FL