Water Conservation Rebate Tax Parity Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 7
- Latest action
- Mar 5, 2025
What it does
The Water Conservation Rebate Tax Parity Act would amend the Internal Revenue Code to exclude from taxable income certain subsidies for water conservation, storm water management, and wastewater management measures when provided by public utilities, storm water management providers, or state/local governments to residents for their principal residences. It expands an existing exclusion for energy conservation subsidies to include these water-related measures, defining each term and updating related definitions and headings in the code. The change would apply to subsidies received after December 31, 2021, with a clarification that no inference should be drawn about the tax treatment of such…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.