To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for water conservation subsidies provided to customers by water utilities and to allow such utilities an expense deduction for such subsidies.

Summary

Amends the Internal Revenue Code to exclude from gross income the value of any subsidy provided by a public utility to a customer for the purchase or installation of energy or water conservation measures. Allows water utilities a deduction for water conservation expenditures.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 June 1994

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• Introduced in House (PDF)

  Introduced in House · EN · 8 June 1994

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 8 June 1994

  Open at official source

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