S. 3650 (112th): Ditch and Irrigation Company Tax Reform Act

Introduced:
Nov 29, 2012 (112th Congress, 2011–2013)
Sponsor:
Sen. Mark Udall [D-CO]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

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Status

This bill was introduced on November 29, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Nov 29, 2012
Referred to Committee Nov 29, 2012
Cosponsors
4 cosponsors (3R, 1D) (show)
Committees

Senate Finance

The committee chair determines whether a bill will move past the committee stage.

Full Title

A bill to amend the Internal Revenue Code of 1986 to facilitate water leasing and water transfers to promote conservation and efficiency.

Summary

No summaries available.

Text

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Last updated Nov 29, 2012.
4 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

11/29/2012--Introduced.
Ditch and Irrigation Company Tax Reform Act - Amends the Internal Revenue Code to permit tax-exempt mutual ditch or irrigation companies to earn income from dispositions of certain real property and stock interests without affecting their tax exempt status. Requires that such income be used to pay the operational and maintenance expenses of such a company.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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