HR 1552 · 102th Congress · Taxation

Sewer and Water Fee Deductibility Act of 1991

Introduced 1991-03-21· Sponsored by Rep. Donnelly, Brian J. [D-MA-11]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: 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