Rapid Amortization in Regulated Industries: Hearings Before the Subcommittee on Antitrust and Monopoly of the Committee on the Judiciary, United States Senate, Eighty-fifth Congress, First Session, Pursuant to S. Res. 57, Parts 1-2U.S. Government Printing Office, 1957 - 1288 pages |
Common terms and phrases
AANDAHL accelerated amortization accounting amount application April April 17 benefits Cabinet Gorge Dam capacity Chairman CHUMBRIS committee Congress construction consumers COSDON cost criteria decision Defense Mobilization deferred taxes depreciation Ebasco electric power electric utilities ELLIS ENGLISH facilities fast tax writeoff Federal Power Act Federal Power Commission filed going Government granted GRAY hearing Hells Canyon Dam Idaho Power Idaho Power Co income taxes interest Interior Internal Revenue investment issued KENDALL kilowatts Kimball KUYKENDALL letter license matter McDONALD million Northwest Office of Defense PARRY percent plant Power & Light power companies press release question RAINWATER rapid tax amortization record requirements ROACH Secretary SEATON Senator CARROLL Senator DIRKSEN Senator KEFAUVER Senator O'MAHONEY Senator WATKINS Senator WILEY Sherman Adams Snake River staff statement subsidy talking tax amortization certificates tax savings taxpayers testimony tion WYCKOFF
Popular passages
Page 168 - For purposes of this section, the term "emergency period" means the period beginning January 1, 1950, and ending on the date on which the President proclaims that the utilization of a substantial portion of the emergency facilities with respect to which certifications under subsection (e) have been made is no longer required In the interest of national defense.
Page 124 - Extensive hearings followed before the House Committee on Ways and Means, and the Senate Committee on Finance.
Page 168 - ... amortization deduction with respect to the remainder of the amortization period, such discontinuance to begin as of the beginning of any month specified by the taxpayer in a notice in writing filed with the Secretary or his delegate before the beginning of such month.
Page 472 - Act, whether at the expense of a licensee hereunder or of the United States, shall at all times be controlled by such reasonable rules and regulations in the interest of navigation, including the control of the level of the pool caused by such dam or diversion structure...
Page 124 - Government is instituted for the common good, for the protection, safety, prosperity, and happiness of the people and not for the profit, honor, or private interest of any one man, family, or class of men.
Page 52 - All rates and charges made, demanded, or received by any public utility for or in connection with the transmission or sale of electric energy subject to the 'jurisdiction of the Commission...
Page 124 - No man, nor corporation, or association of men, have any other title to obtain advantages, or particular and exclusive privileges, distinct from those of the community, than what arises from the consideration of services rendered to the public...
Page 401 - ... shall thereafter in good faith and with due diligence prosecute such construction, and shall within the time fixed in the license complete and put into operation such part of the ultimate development as the commission shall deem necessary to supply the reasonable needs of the then available market, and shall from time to time thereafter construct such portion of the balance of such development as the commission may direct, so as to supply adequately the reasonable market demands until such development...
Page 472 - The United States specifically retains and safeguards the right to use water in such amount, to be determined by the Secretary of the Army, as may be necessary for the purposes of navigation...
Page 401 - ... license or as extended by the commission, then, after due notice given, the license shall, as to such project works or part thereof, be terminated upon written order of the commission.