SENATE 1239117th CongressRead twice and referred to the Committee on Finance.
A bill to amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain waste water management subsidies.
- Last Action
- 4/20/2021
Actions
- 2021-04-20Read twice and referred to the Committee on Finance.
- 2021-04-20Introduced in Senate
CRS Summary
As of 2021-04-20 (00)
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.
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.