HR8682-118

Introduced

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.

118th Congress Introduced Jun 11, 2024

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This 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., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers. The main policy domain is Energy, Environment, Government Operations.

Who Benefits and How

energy producers, utilities, and energy consumers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, energy producers, utilities, and energy consumers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section HF44B6B852214435FAA2FA120A8D17E99: 1. Short title This Act may be cited as the Water Conservation Rebate Tax Parity Act.
  • Section H75D56DF45E794F0A84EC57C478F3286B: 2. Modifications to income exclusion for conservation subsidies Subsection (a) of section 136 of the Internal Revenue Code of 1986 is amended— by striking any...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This 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., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Key Policy Areas

Energy, Environment, Government Operations

Primary Purpose

This 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., changes federal law or congressional policy affecting energy producers, utilities, and energy consumers.

Policy Domains

Energy Environment Government Operations

Whole bill

Identified Gains
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
energy producers, utilities, and energy consumers: ,
Identified Costs
  • federal implementing agencies
  • energy producers, utilities, and energy consumers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
energy producers, utilities, and energy consumers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jun 11, 2024

Mr. Huffman (for himself, Mr. Curtis, Ms. Chu, and Mr. …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Energy Environment Government Operations
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology