H.R. 2711 — To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.

Summary

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.

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Related Legislation

H.R. 3404FUTURE Western Water Infrastructure and Drought Resiliency Act
2021-07-05Referred to the Subcommittee on Water, Oceans, and Wildlife.
Related
S. 1239A bill to amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain waste water management subsidies.
2021-04-20Read twice and referred to the Committee on Finance.
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Legislative Actions

2021-04-20
Introduced in House
2021-04-20
Introduced in House
2021-04-20
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.

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