Bill Sponsor
House Bill 7280
116th Congress(2019-2020)
To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.
Introduced
Introduced
Introduced in House on Jun 18, 2020
Overview
Text
Introduced in House 
Jun 18, 2020
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Introduced in House(Jun 18, 2020)
Jun 18, 2020
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
H. R. 7280 (Introduced-in-House)


116th CONGRESS
2d Session
H. R. 7280


To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.


IN THE HOUSE OF REPRESENTATIVES

June 18, 2020

Mr. Suozzi (for himself, Mr. Zeldin, and Mr. King of New York) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Modifications to income exclusion for certain wastewater management subsidies.

(a) In general.—Section 136(a) of the Internal Revenue Code of 1986 is amended—

(1) by striking “any subsidy provided” and inserting “any subsidy—

“(1) provided”,

(2) by striking the period at the end and inserting “, or”, and

(3) by adding at the end the following new paragraph:

“(2) provided (directly or indirectly) by a State or local government to a resident of such State or locality for the purchase or installation of any wastewater management measure, but only if such measure is with respect to the taxpayer’s principal residence.”.

(b) Definition of wastewater management measure.—Section 136(c) of such Code is amended—

(1) by striking “Energy conservation measure” in the heading thereof and inserting “Definitions”,

(2) by striking “In general” in the heading of paragraph (1) and inserting “Energy conservation measure”, and

(3) by redesignating paragraph (2) as paragraph (3) and by inserting after paragraph (1) the following:

“(2) WASTEWATER MANAGEMENT MEASURE.—For purposes of this section, the term ‘wastewater management measure’ means any installation or modification of property primarily designed to manage wastewater (including septic tanks and cesspools) with respect to one or more dwelling units.”.

(c) Clerical amendments.—

(1) The heading for section 136 of such Code is amended—

(A) by inserting “and wastewater” after “energy”, and

(B) by striking “provided by public utilities”.

(2) The item relating to section 136 in the table of sections of part III of subchapter B of chapter 1 of such Code is amended—

(A) by inserting “and wastewater” after “energy”, and

(B) by striking “provided by public utilities”.

(d) Effective date.—The amendments made by this section shall apply to amounts received after December 31, 2018.