HR 3746
111th Congress
House
Taxation
Building construction
Electric power generation and transmission
Energy efficiency and conservation
Housing industry and standards
Income tax credits
Income tax exclusion
Residential rehabilitation and home repair
Securities
Water use and supply
Water Efficiency and Conservation Investment Act of 2009
Introduced: October 7, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 7, 2009
Referred to the House Committee on Ways and Means.
Oct 7, 2009
Introduced in House
Plain-English summary
Water Efficiency and Conservation Investment Act of 2009 - Amends the Internal Revenue Code to: (1) allow, through 2014, individual taxpayers a tax credit for 50% of the cost, up to $750 per year, of installing qualified water efficiency property in a residence; (2) allow building contractors, through 2014, a $1,500 tax credit for each qualified, new, water efficient home constructed and sold to a homeowner; (3) allow the issuance of tax-exempt water conservation bonds; and (4) exempt prepayments under a qualified electricity supply contract from tax-exempt bond arbitrage rules.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1