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

Introduced:
Nov 29, 2012 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Mark Udall
Senior Senator from Colorado
Party
Democrat
Text
Read Text »
Last Updated
Nov 29, 2012
Length
4 pages
Related Bills
H.R. 6462 (Related)
Water and Agriculture Technology Economic Revitalization Act of 2012

Referred to Committee
Last Action: Sep 20, 2012

 
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
 
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.

Cosponsors
4 cosponsors (3R, 1D) (show)
Committees

Senate Finance

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

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

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

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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