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Increased Tax Credits for Water Submetering in Affordable Housing.

This new law aims to encourage the installation of individual water meters in affordable housing buildings. This means residents will only pay for their actual water usage, potentially lowering their bills. Developers who install these meters will receive increased tax credits.
Key points
Residents in affordable housing may pay less for water with individual meters.
Developers building affordable housing with water submeters will receive larger tax credits.
Tenants will have access to read their water submeters within 72 hours of request.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_3126
Sponsor: Rep. Tenney, Claudia [R-NY-24]
Process start date: 2025-04-30
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Promoting Submetering for Affordable Housing Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3126.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-04-30.

What are the main provisions?

Key points include:

  • Residents in affordable housing may pay less for water with individual meters.
  • Developers building affordable housing with water submeters will receive larger tax credits.
  • Tenants will have access to read their water submeters within 72 hours of request.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Tenney, Claudia [R-NY-24].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Taxes Real Estate