S 2430
Water Conservation Rebate Tax Parity Act
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Bill overview
This bill, the Water Conservation Rebate Tax Parity Act, expands a tax deduction to include subsidies received for water conservation measures, energy conservation measures, and storm water management measures. These subsidies can be provided by public utilities, state or local governments, or storm water management providers to customers or residents. The bill clarifies definitions and establishes an effective date of January 1, 2022, for the changes.
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Primary sponsor
Dianne Feinstein
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