H.R. 56 — Agricultural Water Conservation Act

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Summary

Agricultural Water Conservation Act - Amends the Internal Revenue Code to allow a tax credit for water conservation system expenses, if used on farm land having an extreme drought or a water shortage and meeting other requirements. Limits the amount of the credit and allows unused credit to be carried to the succeeding taxable year.

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Legislative Actions

2001-01-03
Introduced in House
2001-01-03
Introduced in House
2001-01-03
Referred to the House Committee on Ways and Means.

Agricultural Water Conservation Act

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