### Question
How does Income Taxes define eligible public utility property loss?


### Answer
Under *26 U.S.C. § 1400N*, **eligible public utility property loss** is defined as:

> any loss with respect to public utility property located in the Gulf Opportunity Zone and attributable to Hurricane Katrina

#### Citation:
  - *26 U.S.C. § 1400N*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter Y-Short-Term Regional Benefits > PART II-TAX BENEFITS FOR GO ZONES**

