H.R.1637: Nuclear Decommissioning Costs Simplification Act of 1995

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about taxation
  • Introduced May 15, 1995
  • Latest Major Action May 15, 1995

Bill Summary

Nuclear Decommissioning Costs Simplification Act of 1995 - Amends the Internal Revenue Code, with respect to the deduction for payments made to a Nuclear Decommissioning Reserve Fund, to: (1) eliminate the requirement that the Secretary of the Treasury determine certain amounts necessary to fund the taxpayer's portion of nuclear power plant decommissioning costs; and (2) provide rules for the treatment of amounts either deducted in excess of...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Ways and Means.
May 15, 1995

Introduced in the House by Philip M. Crane (R-Ill.)

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