Bill Summary & Status for the 106th Congress

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H.R.1416
Sponsor: Rep McCrery, Jim(introduced 4/14/1999)
Related Bills: S.1226
Latest Major Action: 4/14/1999 Referred to House committee
Title: To amend the Internal Revenue Code of 1986 to provide that interest on indebtedness used to finance the furnishing or sale of rate-regulated electric energy or natural gas in the United States shall be allocated solely to sources within the United States.
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TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions) (Floor Actions/Congressional Record Page References)
4/14/1999:
Referred to the House Committee on Ways and Means.
COMMITTEE(S):
RELATED BILL DETAILS:  (additional related bills may be indentified in Status)

AMENDMENT(S):

***NONE***

COSPONSORS(1), ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Rep Jefferson, William J. - 7/15/1999

SUMMARY AS OF:
4/14/1999--Introduced.

Amends the Internal Revenue Code to provide that interest on indebtedness used to finance the furnishing or sale of rate-regulated electric energy or natural gas in the United States shall be allocated solely to sources within the United States.