Water Conservation Rebate Tax Parity Act

3/27/2025, 8:07 AM

Summary of Bill HR 1871

Bill 119 HR 1871 aims to make changes to the Internal Revenue Code of 1986 by expanding the exclusion for certain conservation subsidies. Specifically, the bill seeks to include subsidies for water conservation or efficiency measures, storm water management measures, and wastewater management measures in the exclusion.

This means that individuals or organizations who receive subsidies for these types of conservation efforts would not have to pay taxes on the financial assistance they receive. This is intended to incentivize and support efforts to conserve water, manage storm water, and improve wastewater management.

By expanding the exclusion for these types of subsidies, the bill aims to encourage more individuals and organizations to invest in and implement water conservation and management measures. This could have positive impacts on the environment, public health, and overall sustainability efforts. Overall, Bill 119 HR 1871 seeks to promote and support conservation efforts related to water, storm water, and wastewater management by providing tax incentives for those who receive subsidies for these purposes.

Current Status of Bill HR 1871

Bill HR 1871 is currently in the status of Bill Introduced since March 5, 2025. Bill HR 1871 was introduced during Congress 119 and was introduced to the House on March 5, 2025.  Bill HR 1871's most recent activity was Referred to the House Committee on Ways and Means. as of March 5, 2025

Bipartisan Support of Bill HR 1871

Total Number of Sponsors
4
Democrat Sponsors
4
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
9
Democrat Cosponsors
4
Republican Cosponsors
5
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1871

Primary Policy Focus


Alternate Title(s) of Bill HR 1871

To amend the Internal Revenue Code of 1986 to expand the exclusion for certain conservation subsidies to include subsidies for water conservation or efficiency measures, storm water management measures, and wastewater management measures.To amend the Internal Revenue Code of 1986 to expand the exclusion for certain conservation subsidies to include subsidies for water conservation or efficiency measures, storm water management measures, and wastewater management measures.
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