HR 4220 · 114th Congress · Taxation
Water and Agriculture Tax Reform Act of 2016
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Placed on the Union Calendar, Calendar No. 675.(2016-12-08)
Plain Language Summary
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Water and Agriculture Tax Reform Act of 2015 This bill 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, but 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
CBO Cost Estimate
Congressional Budget OfficeH.R. 4220, Water and Agriculture Tax Reform Act of 2016
Sep 26, 2016As ordered reported by the House Committee on Ways and Means on September 21, 2016
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (9)
1 Democrat8 Republicans