HR 6462 · 112th Congress · Taxation

Water and Agriculture Technology Economic Revitalization Act of 2012

Introduced 2012-09-20· Sponsored by Rep. Gardner, Cory [R-CO-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2012-09-20)

Plain Language Summary

[AI summary unavailable — showing source text] Water and Agriculture Technology Economic Revitalization Act of 2012 - 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.…

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

Cosponsors (4)

1 Democrat3 Republicans
Rep. Matheson, Jim [D-UT-2]UT
Rep. Tipton, Scott R. [R-CO-3]CO
Rep. Bishop, Rob [R-UT-1]UT
Rep. Simpson, Michael K. [R-ID-2]ID