Senate bill S1239-117

Finance Committee

A bill to amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain waste water management subsidies.

• Last activity on Apr 20, 2021

• Introduced Apr 20, 2021

• By Sen. Gillibrand, Kirsten E. [D-NY]

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Main Subject: Taxation

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.

HR2711-117, HR3404-117,

Senate Actions

IntroReferral
Apr. 20 2021	Read twice and referred to the Committee on Finance.

Library of Congress Actions

IntroReferral
Apr. 20 2021	Introduced in Senate

Senate bill S1239-117

A bill to amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain waste water management subsidies.

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