H.R.3622: Ponds and Water-Based Conservation Act of 2009

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about taxation
  • Introduced Sept. 22, 2009
  • Latest Major Action Sept. 22, 2009

Bill Summary

Ponds and Water-Based Conservation Act of 2009 - Amends the Internal Revenue Code to allow a tax credit for 50% of qualified pond construction expenditures, up to $50,000 in a taxable year. Defines "qualified pond construction expenditures" as amounts, including labor costs, incurred to construct a body of water to promote stormwater management and conservation or foster expansion of water-based habitat for wildlife or fish.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Sept. 22, 2009

Introduced in the House by Bobby Bright (D-Ala.)

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