S 456 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954.

Introduced 1977-01-26· Sponsored by Sen. Laxalt, Paul D. [R-NV]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1977-01-26)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow public utilities to exclude from gross income, as contributions to capital, all amounts received in aid of construction of electric energy or gas facilities.…

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

Cosponsors (1)

1 Republican