H.R. 3023 · 113th Congress
Water and Agriculture Tax Reform Act of 2013
- Stage
- In committee
- Sponsor
- Cory Gardner
- Introduced
- 2013-08-02
- Latest action
- 2013-08-02 · Introduced in House
Summary
Water and Agriculture Tax Reform Act of 2013 - 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. Requires that such income be used to pay the costs of operations, maintenance, and capital improvements of such a company.