HR 1552 · 102th Congress · Taxation
Sewer and Water Fee Deductibility Act of 1991
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: See H.R.11.(1992-10-05)
Plain Language Summary
[AI summary unavailable — showing source text]
Sewer and Water Fee Deductibility Act of 1991 - Amends the Internal Revenue Code to allow an income tax deduction for amounts imposed by a State or local government as fees for water or sewer services. Disallows a deduction, individual or corporate, for that portion of the interest expense which is allocable to tax-exempt interest.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (9)
8 Democrats1 Republican