Water Conservation Rebate Tax Parity Act

Hozzl · 2025-03-27T03:23:26Z

Explore the details of Senate Bill 857 Water Conservation Rebate Tax Parity Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

3/27/2025, 3:23 AM

Summary of Bill S 857

Bill 119 s 857 aims to make changes to the Internal Revenue Code of 1986 in order to broaden the exclusion for specific conservation subsidies. These subsidies would now include support for water conservation or efficiency measures, storm water management measures, and wastewater management measures. This bill seeks to encourage and incentivize individuals and businesses to invest in and implement practices that promote the conservation and efficient use of water resources, as well as the proper management of storm water and wastewater. By expanding the scope of eligible subsidies, this legislation aims to support and promote sustainable and environmentally-friendly practices in these areas.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill S 857

Bill S 857 is currently in the status of Bill Introduced since March 5, 2025. Bill S 857 was introduced during Congress 119 and was introduced to the Senate on March 5, 2025. Bill S 857's most recent activity was Read twice and referred to the Committee on Finance. as of March 5, 2025

Bipartisan Support of Bill S 857

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 857

Primary Policy Focus

Alternate Title(s) of Bill S 857

A bill 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.