,i #aafth ,,congress #b;d ,session ,h4 ,r4 #fahe ,,in ,,the ,,house ,,of ,,representatives ,march #aj1 #bjbj,ms4 ,wasserman ,schultz introduced the following bill2 which was referred to the ,committee on ,ways and ,means1 and in addition to the ,committee on ,energy and ,commerce1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to impose an excise tax on the extraction of certain water for bottling1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,save ,our ,springs ,act of #bjbj4 #b4 ,excise tax on extraction of certain water 7a7 ,in general ,chapter #cf of the ,internal ,revenue ,code of #aihf is amended by inserting after subchapter ,b the following new subchapter3 ,c ,extraction of ,certain ,water ,sec4 #ddgc4 ,imposition of tax4 #ddgc4 ,imposition of tax 7a7 ,in general ,a tax of #j4jf is hereby imposed on each gallon of water extracted from a spring or an underground water source for use as bottled drinking water4 7b7 ,by whom paid ,the tax imposed by this section shall be paid by the person extracting the water4 4 7b7 ,conforming amendment ,the table of subchapters for chapter #cf of the ,internal ,revenue ,code of #aihf is amended by inserting after the item relating to subchapter ,b the following new item3 ,subchapter ,c--,extraction of ,certain ,water 4 7c7 ,effective date ,the amendments made by this section shall apply to water extracted in calendar years beginning after the date of the enactment of this ,act4 #c4 ,drinking ,water ,state ,revolving ,loan ,fund ,trust ,fund 7a7 ,establishment ,subchapter ,a of chapter #ih of the ,internal ,revenue ,code of #aihf is amended by adding at the end the following new section3 #ieab4 ,drinking ,water ,state ,revolving ,loan ,fund ,trust ,fund 7a7 ,creation of ,trust ,fund ,there is established in the ,treasury of the ,united ,states a trust fund to be known as the ,drinking ,water ,state ,revolving ,loan ,fund ,trust ,fund 7referred to in this section as the ,trust ,fund71 consisting of such amounts as may be appropriated or credited to such fund as provided in this section or section #ifjb7;b74 7b7 ,transfers to ,trust ,fund ,there are hereby appropriated to the ,trust ,fund amounts equal to the revenues received in the ,treasury that are attributable to subchapter ,c of chapter #cf4 7c7 ,expenditures ,amounts in the ,trust ,fund shall be available1 as provided in appropriation ,acts1 for carrying out section #adeb of the ,safe ,drinking ,water ,act 7relating to ,state revolving loan funds74 4 7b7 ,clerical ,amendment ,the table of sections for subchapter ,a of chapter #ih of such ,code is amended by adding at the end the following new item3 ,sec4 #ieab4 ,drinking ,water ,state ,revolving ,loan ,fund ,trust ,fund4 4 7c7 ,effective date ,the amendments made by this section shall take effect on the date of the enactment of this ,act4