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HR 7280 116th Congress House Taxation Income tax exclusion Public utilities and utility rates Residential rehabilitation and home repair Solid waste and recycling Water quality Water use and supply

To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.

Introduced: June 18, 2020 Introduced by: Suozzi, Thomas R. Democratic · New York 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 18, 2020
Referred to the House Committee on Ways and Means.
Jun 18, 2020
Introduced in House
 Plain-English summary Congressional Research Service

This bill excludes from gross income, for income tax purposes, a taxpayer subsidy provided by a state or local government to a resident for the purchase or installation of any wastewater management measure intended solely for the taxpayer's principal residence.

What's happening now June 18, 2020

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1