A bill to amend the Internal Revenue Code of 1986 to provide a credit for property labeled under the Environmental Protection Agency Water Sense program.
Water Accountability Tax Efficiency Reinvestment Act of 2009 or the WATER Act of 2009 - Amends the Internal Revenue Code to allow a tax credit for 30% of amounts paid for WaterSense labeled property certified by a licensed independent third party as meeting specifications of the Environmental Protection Agency (EPA) WaterSense program. Limits the lifetime dollar amount of such credit to $1,500. Terminates such credit after 2010.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S6941-6942)
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6942)
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