S 2290
106th Congress
Senate
Taxation
Business income tax
Commerce
Construction costs
Corporation taxes
Environmental Protection
Income tax
Infrastructure
Public utilities
Sewerage
Tax exclusion
Water rates
Water supply
A bill to amend the Internal Revenue Code of 1986 to clarify the definition of contribution in aid of construction.
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 23, 2000
Read twice and referred to the Committee on Finance.
Mar 23, 2000
Sponsor introductory remarks on measure. (CR S1681)
Mar 23, 2000
Introduced in Senate
Plain-English summary
Amends the Internal Revenue Code to include customer connection fees (including fees to connect a customer's line to or extend a main water or sewer line) as an excludable corporate income item within the definition of "contribution in aid of construction."
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1