HR 56 · 107th Congress · Taxation

Agricultural Water Conservation Act

Introduced 2001-01-03· Sponsored by Rep. Condit, Gary A. [D-CA-18]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-01-03)

Plain Language Summary

[AI summary unavailable — showing source text] Agricultural Water Conservation Act - Amends the Internal Revenue Code to allow a tax credit for water conservation system expenses, if used on farm land having an extreme drought or a water shortage and meeting other requirements. Limits the amount of the credit and allows unused credit to be carried to the succeeding taxable year.…

Summarized by Claude AI · Non-partisan · For informational purposes only