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United States · Bill · HR

H.R. 4220 (114th)

Water and Agriculture Tax Reform Act of 2016

openUnited States· United States Congress· EN

Introduced

10 December 2015

Last action

Status

Placed on the Union Calendar, Calendar No. 675.

Sponsors

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Water and Agriculture Tax Reform Act of 2015 This bill amends the Internal Revenue Code to permit tax-exempt mutual ditch or irrigation companies to earn income from dispositions of certain real property and stock interests without affecting their tax-exempt status, but requires that such income be used to pay the costs of operations, maintenance, and capital improvements of such a company.

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6 official files

Reported in House (text)

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