SEPTIC Act

This bill would change federal tax law so that money a state or local government gives a resident to buy or install a wastewater system for their home is not counted as taxable income. A wastewater management measure is defined as any installation or change to property mainly designed to manage wastewater, including septic tanks and cesspools, for one or more homes. The subsidy can be provided directly or indirectly, but only counts if the system is for the taxpayer's own residence. The change would apply to subsidies received after the bill becomes law.

Full text and official record on Congress.gov

Sponsors

• Thomas R. Suozzi Democrat sponsor
• 3 cosponsors