If lawmakers want to extend the credits, they would have to cut spending elsewhere to offset the amount.
But under the act, those investments count as part of the company's total spending and offset the amount available for the states.
"We're not in a position where the fee offsets we get offset the amount we owe them," he said, adding that any such net income would be considered taxable.
Mr. Sullivan argued that he treated the expenses, involving amounts paid to other companies for access to their telecommunications networks, as capital costs because they did not have matching revenues to offset the amount paid.
This year's other 'Bucks-based lawsuit is the claim of a Chicago woman, put forward in a 29-page legal complaint, that the firm deliberately puts too much ice in its iced lattes to offset the amount of coffee used.
Audi won't sell e-gas directly to customers, but, as Daimler envisions with electricity, it will feed e-gas into the pipeline network to offset the amount consumed by its e-gas vehicles.
He said that while this could result in an imperfect solution -- the amount collected from the underpayers might not be sufficient to offset the amount credited to the overpayers -- the board could make up the difference out of the condo's operating or reserve funds.
In both interviews and in a written report, Mr. Sullivan has argued that he treated the expenses, involving amounts paid to other companies for access to their telecommunications network lines, as capital costs because they did not have matching revenues to offset the amount paid.
This year, the NFL is buying certificates that will offset the amount of carbon generated through electricity use at the game.
Because, you know, you driving around in one green car (or using other green products) will offset the amount of CO2 being pumped into the atmosphere by China et al. To be fair, the car is quite the technological feat.
