H.R. 2711 · 117th Congress
To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.
- Stage
- In committee
- Sponsor
- Thomas Suozzi
- Introduced
- 2021-04-20
- Latest action
- 2021-04-20 · Introduced in House
Summary
This bill excludes from gross income, for income tax purposes, a taxpayer subsidy provided by a state or local government to a resident for the purchase or installation of any wastewater management measure intended solely for the taxpayer's principal residence.