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Advancing Water Reuse Act

5/13/2025, 7:09 PM

Summary of Bill HR 2940

The bill titled "To amend the Internal Revenue Code of 1986 to allow an investment credit for certain water reuse projects" was introduced in the 119th Congress on April 17, 2025.

Current Status of Bill HR 2940

Bill HR 2940 is currently in the status of Bill Introduced since April 17, 2025. Bill HR 2940 was introduced during Congress 119 and was introduced to the House on April 17, 2025.  Bill HR 2940's most recent activity was Referred to the House Committee on Ways and Means. as of April 17, 2025

Bipartisan Support of Bill HR 2940

Total Number of Sponsors
4
Democrat Sponsors
0
Republican Sponsors
4
Unaffiliated Sponsors
0
Total Number of Cosponsors
7
Democrat Cosponsors
4
Republican Cosponsors
3
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2940

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 2940

To amend the Internal Revenue Code of 1986 to allow an investment credit for certain water reuse projects.
To amend the Internal Revenue Code of 1986 to allow an investment credit for certain water reuse projects.

Comments

Novalee Montgomery profile image

Novalee Montgomery

492

7 months ago

I don't know much about this bill, but it seems like a good idea. Reusing water is important for the environment, right? How will this bill impact our communities in the long run?