To amend the Internal Revenue Code of 1986 to provide an exclusion from gross income for certain wastewater management subsidies.

Referred to the House Committee on Ways and Means.

2026-04-14

This bill would allow certain businesses and organizations to exclude money they receive from the government for wastewater management projects from their taxable income, potentially reducing their tax bills. The change would apply to subsidies or grants specifically designated to help pay for treating and managing wastewater, which could benefit municipalities, water utilities, and companies involved in environmental cleanup efforts.