To amend the Internal Revenue Code of 1986 to allow a credit with respect to clean renewable water supply bonds.
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Amends the Internal Revenue Code to allow holders of clean renewable water supply bonds a tax credit of 25% of the annual credit amount as determined by the Secretary of the Treasury. Defines "clean renewable water supply bond" as any bond issued by a governmental body or an entity qualified to issue tax-exempt bonds that is used for capital expenditures for projects involving a qualified desalination facility, a recycled water facility, or a groundwater remediation facility.
Sets forth rules for maturity limitations, arbitrage, and expenditures, including a requirement that 95% of the proceeds of a bond issue be spent on one or more clean renewable water supply projects within five years from the date of a bond issuance.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3452: To amend the Internal Revenue Code of 1986 to allow a credit with respect to clean renewable water supply bonds.. 110th Congress. Open America. https://openamerica.io/bill/110-HR-3452/
"H.R. 3452: To amend the Internal Revenue Code of 1986 to allow a credit with respect to clean renewable water supply bonds.." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-3452/.
H.R. 3452, 110th Cong. (2026), https://openamerica.io/bill/110-HR-3452/.
[H.R. 3452: To amend the Internal Revenue Code of 1986 to allow a credit with respect to clean renewable water supply bonds.](https://openamerica.io/bill/110-HR-3452/)