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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

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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