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S. 1239

BillFederalSenateIn Committee
A bill to amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain waste water management subsidies.
About This Bill
Committee
Latest Action · April 20, 2021
Read twice and referred to the Committee on Finance.
Congress
117th (2021–2023)
Introduced
April 20, 2021
Cosponsors (0)
None
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Summary

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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.

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