Water Conservation Rebate Tax Parity Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 4897 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 4897 To amend the Internal Revenue Code of 1986 to expand the exclusion for certain conservation subsidies to include subsidies for water conservation or efficiency measures, storm water management measures, and wastewater management measures. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES July 31, 2024 Ms. Butler (for herself, Mr. Padilla, and Mr. Hickenlooper) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to expand the exclusion for certain conservation subsidies to include subsidies for water conservation or efficiency measures, storm water management measures, and wastewater management measures. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Water Conservation Rebate Tax Parity A…