Summary: H.R.4653 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for H.R.4653. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (05/19/1988)

Nuclear Decommissioning Reserve Fund Act of 1988 - Amends the Internal Revenue Code to: (1) decrease from 34 percent to 15 percent the rate of the tax imposed on the income of any Nuclear Decommissioning Reserve Fund; and (2) remove restrictions on permitted investments of Fund monies.