S 857 · 119th CongressIn Committeecongress.gov ↗
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.
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What this bill does
AI plain-language summaryThis bill would change the tax code to expand a rule that lets people exclude certain conservation-related subsidies from their taxable income. Specifically, it would add subsidies for water conservation or efficiency, storm water management, and wastewater management to the list of conservation subsidies that don't count as taxable income. No official summary is available for this bill.
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