US SB1464 | 2017-2018 | 115th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Introduced on June 28 2017 - 25% progression, died in committee
Action: 2017-06-28 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3831)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 28 2017 - 25% progression, died in committee
Action: 2017-06-28 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3831)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Water Conservation Tax Parity Act This bill amends the Internal Revenue Code to expand the tax exclusion for energy conservation subsidies provided by public utilities to exclude from gross income subsidies provided (directly or indirectly): (1) by a public utility to a customer, or by a state or local government to a resident of such state or locality, for the purchase or installation of any water conservation or efficiency measure; and (2) by a storm water management provider to a customer, or by a state or local government to a resident of such state or locality, for the purchase or installation of any storm water management measure.
Title
Water Conservation Tax Parity Act
Sponsors
Sen. Dianne Feinstein [D-CA] | Sen. Dean Heller [R-NV] | Sen. Michael Bennet [D-CO] | Sen. Cory Gardner [R-CO] |
Sen. Kamala Harris [D-CA] | Sen. Tammy Baldwin [D-WI] |
History
Date | Chamber | Action |
---|---|---|
2017-06-28 | Senate | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3831) |
Same As/Similar To
HB448 (Related) 2017-01-11 - Referred to the House Committee on Ways and Means.
Subjects
Energy efficiency and conservation
Income tax exclusion
Public utilities and utility rates
Taxation
Water use and supply
Income tax exclusion
Public utilities and utility rates
Taxation
Water use and supply
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/senate-bill/1464/all-info |
Text | https://www.congress.gov/115/bills/s1464/BILLS-115s1464is.pdf |