To amend the Internal Revenue Code of 1986 to impose an excise tax on the extraction of certain water for bottling, and for other purposes.
Save Our Springs Act of 2020
This bill imposes an excise tax on each gallon of water extracted from a spring or an underground water source for use as bottled water. It establishes the Drinking Water State Revolving Loan Trust Fund to make payments of tax revenue for state revolving loans under the Safe Drinking Water Act.
Introduced in House
Introduced in House
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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