- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
House Committee on Ways and MeansIntroducedNovember 19th, 2009
- house Committees
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Clean Renewable Water Supply Act of 2009
To amend the Internal Revenue Code of 1986 to provide for clean renewable water supply bonds.
Clean Renewable Water Supply Act of 2009 - Amends the Internal Revenue Code to provide for the issuance, until 2019, of tax-exempt clean renewable water supply bonds to finance certain water recycling, desalination, and groundwater remediation projects that comply with requirements for minimization of environmental impact. Establishes a national clean renewable water supply bond limitation for each of calendar years 2010-2018. Sets forth provsions governing the allocation of such limitation among qualified projects. Directs the Secretary of the Treasury to conduct a study of the method of allocation to determine whether a different method would result in the development of projects to provide new supplies of water in a more efficient manner.