arrow_back Back to App

Tax Exemption for Water Conservation and Stormwater Management Rebates

This bill aims to exempt from income tax rebates and subsidies received by citizens for installing water conservation, stormwater, or wastewater management systems in their homes. This means that money received for these purposes will not be treated as taxable income, potentially encouraging investment in eco-friendly solutions and reducing the cost of such projects.
Key points
Subsidies for water, stormwater, and wastewater management installations will be tax-exempt.
This applies to subsidies from public utilities, state, and local governments.
Changes cover systems for reducing water consumption, managing stormwater, and wastewater (e.g., septic tanks).
The provisions apply to amounts received after December 31, 2021.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_1871
Sponsor: Rep. Huffman, Jared [D-CA-2]
Process start date: 2025-03-05