H.R.807: Water and Agriculture Tax Reform Act of 2019

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Water and Agriculture Tax Reform Act of 2019 This bill permits tax-exempt mutual ditch or irrigation companies to earn income from dispositions of certain property and stock interests without affecting their tax-exempt status, but requires that such income be used to pay the costs of operations, maintenance, and capital improvements of such a company. The bill also establishes a rule regarding the organizational governance of mutual ditch or...

(Source: Library of Congress)

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There are 3 statements associated with H.R.807.

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Date Description
Jan. 28, 2019
Referred to the House Committee on Ways and Means.
Jan. 28, 2019

Introduced in the House by Ken Buck (R-Colo.)

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