To amend the Internal Revenue Code of 1986to allow a deduction for fees for sewer and water services.

Amends the Internal Revenue Code to allow an income tax deduction for amounts imposed by a State or local government as fees for water or sewer services.

 
HR 4405 IH
101st CONGRESS
2d Session
 H. R. 4405
To amend the Internal Revenue Code of 1986 to allow a deduction for fees
for sewer and water services.
IN THE HOUSE OF REPRESENTATIVES
March 28, 1990
Mr. DONNELLY (for himself, Mr. MOAKLEY, and Mr. FRANK) introduced the
following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to allow a deduction for fees
for sewer and water services.
  Be it enacted by the Senate and House of Representatives of the United States
  of America in Congress assembled, That (a) subsection (b) of section 164 of
  the Internal Revenue Code of 1986 is amended by redesignating paragraphs
  (3) and (4) as paragraphs (4) and (5), respectively, and by inserting
  after paragraph (2) the following new paragraph:
  `(3) DEDUCTION ALLOWED FOR LOCAL SEWER AND WATER FEES-
  `(A) IN GENERAL- Local sewer and water fees shall be allowed as a deduction
  under subsection (a) in the same manner as local real property taxes.
  `(B) DEFINITION- The term `local sewer and water fees' means any amount
  imposed by a local government, State government (or any agency or
  instrumentality thereof), or by the District of Columbia as a charge for
  sewer or water service.'
  (b) The amendment made by subsection (a) shall apply to taxable years
  beginning after December 31, 1990.