US HB7280 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on June 18 2020 - 25% progression, died in committee
Action: 2020-06-18 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 18 2020 - 25% progression, died in committee
Action: 2020-06-18 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Excludes from goss 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.
Title
To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.
Sponsors
Rep. Thomas Suozzi [D-NY] | Rep. Lee Zeldin [R-NY] | Rep. Peter King [R-NY] | Rep. Kathleen Rice [D-NY] |
History
Date | Chamber | Action |
---|---|---|
2020-06-18 | House | Referred to the House Committee on Ways and Means. |
2020-06-18 | House | Introduced in House |
Same As/Similar To
HB7330 (Related) 2020-06-25 - Referred to the House Committee on Ways and Means.
SB4664 (Same As) 2020-09-23 - Read twice and referred to the Committee on Finance.
SB4664 (Same As) 2020-09-23 - Read twice and referred to the Committee on Finance.
Subjects
Income tax exclusion
Public utilities and utility rates
Residential rehabilitation and home repair
Solid waste and recycling
Taxation
Water quality
Water use and supply
Public utilities and utility rates
Residential rehabilitation and home repair
Solid waste and recycling
Taxation
Water quality
Water use and supply
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/7280/all-info |
Text | https://www.congress.gov/116/bills/hr7280/BILLS-116hr7280ih.pdf |