US HB3746 | 2009-2010 | 111th Congress

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on October 7 2009 - 25% progression, died in committee
Action: 2009-10-07 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Water Efficiency and Conservation Investment Act of 2009 - Amends the Internal Revenue Code to: (1) allow, through 2014, individual taxpayers a tax credit for 50% of the cost, up to $750 per year, of installing qualified water efficiency property in a residence; (2) allow building contractors, through 2014, a $1,500 tax credit for each qualified, new, water efficient home constructed and sold to a homeowner; (3) allow the issuance of tax-exempt water conservation bonds; and (4) exempt prepayments under a qualified electricity supply contract from tax-exempt bond arbitrage rules.

Tracking Information

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Title

Water Efficiency and Conservation Investment Act of 2009

Sponsors


History

DateChamberAction
2009-10-07 Referred to the House Committee on Ways and Means.

Same As/Similar To

SB1711 (Same As) 2009-09-24 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9844-9845)

Subjects


US Congress State Sources


Bill Comments

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