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H.R. 2463 · 110th Congress

To amend the Internal Revenue Code of 1986 to extend the special rule for recognition of gain on dispositions…

Full title

To amend the Internal Revenue Code of 1986 to extend the special rule for recognition of gain on dispositions to implement Federal Energy Regulatory Commission or State electric restructuring policy.

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

RKD KindSponsor
2 cosponsors · 1 D, 1 R
SLD Levin PRR Ryan

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Amends the Internal Revenue Code to extend through 2009 the special rule for recognition of gain from the sale or disposition of: (1) property used to provide electric transmission services; or (2) any stock or partnership interest in a corporation or partnership whose principal trade or business consists of providing electric transmission services.

What it does: CRS summary · Introduced in House · May 23, 2007

Amends the Internal Revenue Code to extend through 2009 the special rule for recognition of gain from the sale or disposition of: (1) property used to provide electric transmission services; or (2) any stock or partnership interest in a corporation or partnership whose principal trade or business consists of providing electric transmission services.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To amend the Internal Revenue Code of 1986 to extend the special rule for recognition of gain on dispositions to implement Federal Energy Regulatory Commission or State electric restructuring policy.

Latest action (May 23, 2007): Referred to the House Committee on Ways and Means.

Policy area: Taxation · Origin: House · Introduced: May 23, 2007

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.