To amend the Internal Revenue Code of 1986 to provide that any water and sewerage disposal property conveyed under the Department of Defense privatization program shall be treated as a nontaxable contribution to the capital of the recipient.

Fact Sheet API

Bill Number

HR 2130

Introduced

Jun 12, 2001

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Armed Forces and National Security Business income tax Capital Commerce Defense contracts Environmental Protection Government Operations and Politics Income tax Infrastructure Military and naval supplies Military bases Privatization Public utilities Sewage treatment plants Sewerage Tax exclusion Taxation Water Resources Development Water treatment plants

Full Text

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Votes

Summary

Amends the Internal Revenue Code to treat any water and sewage disposal property conveyed under the Department of Defense privatization program as a nontaxable contribution to the taxpayer's capital.

Actions

Jun 12, 2001

Referred to the House Committee on Ways and Means.
Jun 12, 2001

Sponsor introductory remarks on measure. (CR E1077)
Jun 12, 2001

Introduced in House

Amendments

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