Ask the Treasury Department to extend the existing utility exception in Treasury Regulation section 1.168(k)-2(b)(2)(ii)(F) to service providers as well as lessors.

Extend the existing utility exception in Treasury Regulation §1.168(k)-2(b)(2)(ii)(F) to service providers as well as lessors.

Cotton requested that Treasury extend an existing utility exception so companies selling monitoring services receive the same protection as companies leasing security equipment to utilities.

Cotton to Bessent: Protect Critical Infrastructure from Cyberattacks
primary · press_release · model gpt-5.5

Extend the existing utility exception in Treasury Regulation §1.168(k)-2(b)(2)(ii)(F) to service providers as well as lessors.

Cotton asked Treasury to extend an existing utility tax exception to cybersecurity service providers, not only lessors.

Cotton to Bessent: Protect Critical Infrastructure from Cyberattacks
primary · press_release · model gpt-5.5