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S. 1441

Water and Agriculture Tax Reform Act of 2013

Water and Agriculture Tax Reform Act of 2013 - 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 costs of operations, maintenance, and capital improvements of such a company.

Read twice and referred to the Committee on Finance.

Sen. Bennet, Michael F. [D-CO](D-CO)Sponsor
3 cosponsors1 D2 R
3cosponsors1committees2actions2related bills8subjects
  • Introduced in SenateAug 1, 2013
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

  2. IntroReferral10000

    Introduced in Senate

Water and Agriculture Tax Reform Act of 2013 — Informed