Code Section 451
| Code Section | Effective Date | Name of Act | Name of Provision | 10yr Revenue Estimate ($millions) |
|---|---|---|---|---|
| 451(i) | 12/31/2011 | The American Taxpayer Relief Act of 2012 | Special rule for sales or dispositions to implement FERC or State electric restructuring policy for qualified electric utilities | No revenue |
| 451(i) | 12/31/2009 | The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 | Special rule for sales or dispositions to implement FERC or State electric restructuring policy for qualified electric utilities | No revenue |
Special rule for sales or dispositions to implement FERC or State electric restructuring policy for qualified electric utilities
Explanation of Provision
The provision extends for two years the treatment under the present-law deferral provision to sales or dispositions by a qualified electric utility that occur prior to January 1, 2014.
Special rule for sales or dispositions to implement FERC or State electric restructuring policy for qualified electric utilities
Explanation of Provision
The provision extends the treatment under the present-law deferral provision to sales or dispositions by a qualified electric utility that occur prior to January 1, 2012.
Back to Tax Tracker Codes Menu