Bill · H.R. 2940· House(119-HR-2940)

Advancing Water Reuse Act

Age: 58 years

Illinois

Introduced: 4/17/2025
Last activity: 4/17/2025 — Referred to the House Committee on Ways and Means.
Sponsored by: Darin LaHood
Cosponsors: - 7 - 18

Taxation

Introduced
In Committee

What this bill would do

The Advancing Water Reuse Act aims to amend the Internal Revenue Code of 1986. It proposes to establish a new investment credit for specific water reuse projects. This credit would equal 30 percent of the qualified investment made by a taxpayer during a taxable year. Qualifying projects include installing or modifying onsite water recycling systems in various facilities or replacing freshwater use with recycled water. The act also covers the building or expansion of municipal water recycling systems.

Yes· 3 of 4

Does this better protect air, water and wildlife?+5
Promoting water reuse projects helps protect natural water resources and encourages sustainable water management.
Would business owners be better off under this?+4
The bill provides a significant tax credit for businesses that invest in water recycling systems.
Would farmers be better off under this?+3
The credit for water reuse projects could benefit agricultural operations looking to secure consistent water supplies.