To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.
USA116th CongressHR-7280| House
| Updated: 6/18/2020
Thomas R. Suozzi
Democratic Representative
New York
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill excludes from gross income, for income tax purposes, a taxpayer subsidy provided by a state or local government to a resident for the purchase or installation of any wastewater management measure intended solely for the taxpayer's principal residence.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Income tax exclusionPublic utilities and utility ratesResidential rehabilitation and home repairSolid waste and recyclingWater qualityWater use and supply
To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.
USA116th CongressHR-7280| House
| Updated: 6/18/2020
This bill excludes from gross income, for income tax purposes, a taxpayer subsidy provided by a state or local government to a resident for the purchase or installation of any wastewater management measure intended solely for the taxpayer's principal residence.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Thomas R. Suozzi
Democratic Representative
New York
Ways and Means Committee
Taxation
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Income tax exclusionPublic utilities and utility ratesResidential rehabilitation and home repairSolid waste and recyclingWater qualityWater use and supply