A bill to amend the Internal Revenue code of 1954 to deny electric and gas public utilities a deduction for amounts paid or incurred by such utilities to advertise or promote the sale or use of electricity or gas.

[AI summary unavailable — showing source text] Prohibits a tax deduction under the Internal Revenue Code for any amount paid or incurred by a utility to advertise or promote the sale or use of electrical energy or gas or to advertise or promote the seller or furnish of electrical energy or natural gas.…