S 1464
115th Congress
Senate
Taxation
Energy efficiency and conservation
Income tax exclusion
Public utilities and utility rates
Water use and supply
Water Conservation Tax Parity Act
Introduced: June 28, 2017
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 28, 2017
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3831)
Jun 28, 2017
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3831)
Committees of jurisdiction
1