Summary: H.R.7647 — 96th Congress (1979-1980)All Information (Except Text)

There is one summary for H.R.7647. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/24/1980)

Amends the Internal Revenue Code to allow a refundable income tax credit for electric utility fuel surcharges incurred by a taxpayer in connection with a trade or business or for electricity used in such taxpayer's principal residence resulting from a shutdown of nuclear power generating facilities.