Summary: H.R.2431 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for H.R.2431. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/28/2001)

Amends the Internal Revenue Code to exclude from gross income as contributions to capital certain amounts received by electric energy, gas, steam, or water utilities. (Currently, the exclusion applies to water and sewage disposal utilities.)