Senate Bill 1464
115th Congress(2017-2018)
Water Conservation Tax Parity Act
Introduced
Introduced in Senate on Jun 28, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1464
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No Senate votes have been held for this bill.
Summary
Water Conservation Tax Parity Act
This bill amends the Internal Revenue Code to expand the tax exclusion for energy conservation subsidies provided by public utilities to exclude from gross income subsidies provided (directly or indirectly): (1) by a public utility to a customer, or by a state or local government to a resident of such state or locality, for the purchase or installation of any water conservation or efficiency measure; and (2) by a storm water management provider to a customer, or by a state or local government to a resident of such state or locality, for the purchase or installation of any storm water management measure.
June 28, 2017
06/28/2017
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3831)
06/28/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:37:33 PM