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S. 4664

Referred to Committee

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

Introduced 9/23/2020•116th Congress•Senate

Latest Action

Read twice and referred to the Committee on Finance.

9/23/2020 • Senate

Summary

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.

Introduced in Senate • 9/23/2020

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Topics & Subjects

Policy Area: Taxation
Income tax exclusionPublic utilities and utility ratesResidential rehabilitation and home repairSolid waste and recyclingWater qualityWater use and supply

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (2)

Party Breakdown

2
Democrats
0
Republicans
0
Independents

Sponsor

S[
Sen. Gillibrand, Kirsten E. [D-NY]

Democrat • NY

Sponsored 9/23/2020

Cosponsors (1)

S[

Bill Journey

Originated in the Senate

Introduced

September 23, 2020

Read twice and referred to the Committee on Finance.

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate9/23/2020

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors1