To amend the Internal Revenue Code of 1986 to allow a deduction for conservation expenditures to reduce groundwater consumption.
Groundwater Conservation Incentive Act of 2015
This bill amends the Internal Revenue Code to expand the tax deduction for soil and water conservation expenditures to include expenditures to reduce groundwater use and for the conversion from groundwater use to surface water use.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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