SEPTIC Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8280 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8280 To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 14, 2026 Mr. Suozzi (for himself, Mr. Bilirakis, Mr. Bean of Florida, and Mr. Steube) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies. 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 ``Septic Exclusion for Property owners through Tax-free Infrastructure Compensation Act'' or the ``SEPTIC Act''. SEC. 2. MODIFICATIONS TO INCOME EXCLUSION FOR CERTAIN WASTEWATER MANAGEMENT SUBSIDIES. (a) In General.--Section 136(a) of the Internal…