S. 1711 · 111th Congress
Water Efficiency and Conservation Investment Act of 2009
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
ReidSponsor3 cosponsors · 2 D, 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Water Efficiency and Conservation Investment Act of 2009 - Amends the Internal Revenue Code to: (1) allow, through 2014, individual taxpayers a tax credit for 50% of the cost, up to $750 per year, of installing qualified water efficiency property in a residence; (2) allow building contractors, through 2014, a $1,500 tax credit for each qualified, new, water…
What it does: CRS summary · Introduced in Senate · Sep 24, 2009
Water Efficiency and Conservation Investment Act of 2009 - Amends the Internal Revenue Code to: (1) allow, through 2014, individual taxpayers a tax credit for 50% of the cost, up to $750 per year, of installing qualified water efficiency property in a residence; (2) allow building contractors, through 2014, a $1,500 tax credit for each qualified, new, water efficient home constructed and sold to a homeowner; (3) allow the issuance of tax-exempt water conservation bonds; and (4) exempt prepayments under a qualified electricity supply contract from tax-exempt bond arbitrage rules.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Water Efficiency and Conservation Investment Act of 2009
Latest action (Sep 24, 2009): Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9844-9845)
Policy area: Taxation · Origin: Senate · Introduced: Sep 24, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.