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A bill to amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain waste water management subsidies.

USA116th CongressS-4664| Senate 
| Updated: 9/23/2020
Kirsten E. Gillibrand

Kirsten E. Gillibrand

Democratic Senator

New York

Cosponsors (1)
Charles E. Schumer (Democratic)

Finance 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
Sep 23, 2020
Introduced in Senate
Sep 23, 2020
Read twice and referred to the Committee on Finance.
  • September 23, 2020
    Introduced in Senate


  • September 23, 2020
    Read twice and referred to the Committee on Finance.

Taxation

Related Bills

  • HR 116-7280: To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.
  • HR 116-7330: GREEN Act of 2020
Income tax exclusionPublic utilities and utility ratesResidential rehabilitation and home repairSolid waste and recyclingWater qualityWater use and supply

A bill to amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain waste water management subsidies.

USA116th CongressS-4664| Senate 
| Updated: 9/23/2020
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 Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 23, 2020
Introduced in Senate
Sep 23, 2020
Read twice and referred to the Committee on Finance.
  • September 23, 2020
    Introduced in Senate


  • September 23, 2020
    Read twice and referred to the Committee on Finance.
Kirsten E. Gillibrand

Kirsten E. Gillibrand

Democratic Senator

New York

Cosponsors (1)
Charles E. Schumer (Democratic)

Finance Committee

Taxation

Related Bills

  • HR 116-7280: To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.
  • HR 116-7330: GREEN Act of 2020
  • 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