Summary: H.R.443 — 107th Congress (2001-2002)All Information (Except Text)

There is one summary for H.R.443. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (02/06/2001)

Public Oversight of Wholesale Electric Rates Act or POWER Act - Amends the Internal Revenue Code to impose an excise tax on the windfall profit from the sale of electricity at wholesale in the Western System Coordinating Council. Sets the tax at 100 percent of the windfall profit.