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H.R. 7280

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

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.

Referred to the House Committee on Ways and Means.

Rep. Suozzi, Thomas R. [D-NY-3](D-NY)Sponsor
3 cosponsors1 D2 R
3cosponsors1committees3actions2related bills6subjects
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for c… — Informed