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- S.3650
S.3650: Ditch and Irrigation Company Tax Reform Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced Nov. 29, 2012
- Latest Major Action Nov. 29, 2012
- See the six similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (1 Democrat, 3 Republicans)
Bill Summary
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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| Nov. 29, 2012 |
Introduced in the Senate by Mark Udall (D-Colo.) |