HR 570 · 98th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that the normalization rules of the investment tax credit shall apply to natural gas pipelines without regard to the additional restriction imposed where there is a Federal determination that natural gas is in short supply.

Introduced 1983-01-06· Sponsored by Rep. Evans, Cooper [R-IA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1983-01-06)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that the normalization rules of the investment tax credit shall apply to natural gas pipelines without restrictions imposed where there is a Federal determination that natural gas is in short supply.…

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

Cosponsors (9)

7 Democrats2 Republicans
Rep. Stark, Fortney Pete [D-CA-9]CA
Rep. Hertel, Dennis M. [D-MI-14]MI
Rep. Petri, Thomas E. [R-WI-6]WI
Rep. Vento, Bruce F. [D-MN-4]MN
Rep. Hughes, William J. [D-NJ-2]NJ
Rep. Tauke, Thomas Joseph [R-IA-2]IA
Rep. Dwyer, Bernard J. [D-NJ-6]NJ
Rep. Bedell, Berkley W. [D-IA-6]IA
Rep. Harkin, Tom [D-IA-5]IA