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H.R. 4871·105th Congress·House Bill
To amend the Internal Revenue Code of 1986 to provide that interest on indebtedness used to finance the furnishing or sale of rate-regulated electric energy or natural gas in the United States shall be allocated solely to sources within the United States.
IntroducedTrack
IntroducedIn committeePassed HousePassed SenateTo PresidentBecame law
Latest action (20 Oct 1998): Introduced
What this bill does
Plain-English summary
Generate a neutral, plain-English explanation of what this bill does, who it affects and what happens next — grounded in the official text.
Official summary
This bill was introduced on October 20, 1998, in a previous session of Congress, but it did not receive a vote.
Common questions
- What does H.R. 4871 do?
- This bill was introduced on October 20, 1998, in a previous session of Congress, but it did not receive a vote.
- Has H.R. 4871 become law?
- Not yet. As of 20 Oct 1998, H.R. 4871 is introduced.
- Who sponsored H.R. 4871?
- H.R. 4871 was sponsored by Rep. James “Jim” McCrery [R-LA4, 1997-2008] (Republican-LA), with 1 cosponsor.
- What's the latest action on H.R. 4871?
- Introduced (20 Oct 1998).
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