,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #gbhj  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,june #ah1 #bjbj,mr4  
,suozzi 7= himself1 ,mr4 ,zeld91 & ,mr4 
,k+ ( ,new ,york7 introduc$ ! foll[+    
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to am5d !   
,int]nal ,rev5ue ,code ( #aihf to       
provide an exclusion f gross income =   
c]ta9 wa/ewat] managem5t subsidies4  #a4
 ,modifications to income exclusion =   
c]ta9 wa/ewat] managem5t subsidies  7a7 
,9 g5]al ,section #acf7;a7 ( ! ,int]nal 
,rev5ue ,code ( #aihf is am5d$-- 7#a7 by
 /rik+ any subsidy provid$ & ins]t+ any 
subsidy-- 7#a7 provid$  1  7#b7 by /rik+
 ! p]iod at ! end & ins]t+ 1 or1 &  7#c7
 by add+ at ! end ! foll[+ new p>agraph3
  7#b7 provid$ 7directly or indirectly7 
by a ,/ate or local gov]nm5t to a       
resid5t ( su* ,/ate or locality = !     
pur*ase or in/allation ( any wa/ewat]   
managem5t measure1 b only if su* measure
 is ) respect to ! taxpay]'s pr9cipal   
resid5ce4  4  7b7 ,def9ition ( wa/ewat] 

managem5t measure ,section #acf7;c7 (   
su* ,code is am5d$-- 7#a7 by /rik+      
,en]gy cons]vation measure 9 ! head+    
!re( & ins]t+ ,def9itions1  7#b7 by     
/rik+ ,9 g5]al 9 ! head+ ( p>agraph 7#a7
 & ins]t+ ,en]gy cons]vation measure1 & 
7#c7 by r$esignat+ p>agraph 7#b7 z      
p>agraph 7#c7 & by ins]t+ aft] p>agraph 
7#a7 ! foll[+3  7#b7 ,wa/ewat] managem5t
 measure ,= purposes ( ?is section1 !   
t]m wa/ewat] managem5t measure means any
 in/allation or modification ( prop]ty  
prim>ily design$ to manage wa/ewat]     
7includ+ septic tanks & cesspools7 )    
respect to "o or m dwell+ units4  4  7c7
 ,cl]ical am5dm5ts  7#a7 ,! head+ =     
section #acf ( su* ,code is am5d$-- 7,a7
 by ins]t+ & wa/ewat] aft] en]gy1 &     
7,b7 by /rik+ provid$ by public         
utilities4  7#b7 ,! item relat+ to      
section #acf 9 ! table ( sections ( "p  
,,iii ( sub*apt] ,b ( *apt] #a ( su*    
,code is am5d$-- 7,a7 by ins]t+ &       
wa/ewat] aft] en]gy1 &  7,b7 by /rik+   
provid$ by public utilities4  7d7       

,effective date ,! am5dm5ts made by ?is 
section %all apply to am\nts receiv$    
aft] ,decemb] #ca1 #bjah4