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Tax Credits for Water Reuse Projects: Savings for Businesses

This new act introduces a tax credit for businesses investing in water recycling systems. The goal is to encourage the reuse of water in industrial, data center, and food processing facilities, potentially leading to water resource savings and reduced operational costs for companies.
Key points
Businesses can receive a 30% tax credit for investments in water reuse projects.
The credit applies to projects that install, replace, or modify onsite water recycling systems, replace freshwater with recycled water, or build/expand municipal water recycling systems.
These provisions apply to projects that begin construction before the end of 2032.
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Introduced
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Additional Information
Print number: 119_HR_2940
Sponsor: Rep. LaHood, Darin [R-IL-16]
Process start date: 2025-04-17