3.0.0 519 2023-01-11T13:34:23Z 2023-01-11T13:34:23Z House HR 2017-01-13 115 [Congressional Record Volume 163, Number 9 (Friday, January 13, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BUCK:H.R. 519.Congress has the power to enact thislegislation pursuantto the following:``The Congress shall have Power to lay and collect Taxes,Duties, Imposts, andExcises, to pay the Debts, and providefor the common Defense and General Welfare of the UnitedStates; but all Duties andImposts and Excises shall beuniform throughout the United States.''[Page H546]]]> ssfi00 Finance Committee Senate Standing Referred to 2018-07-25T15:27:18Z hswm00 Ways and Means Committee House Standing Reported by 2018-07-23T19:12:08Z Markup by 2018-06-21T13:27:16Z Referred to 2017-01-13T14:01:15Z H. Rept. 115-857 Water and Agriculture Tax Reform Act of 2017 115 1090 S 2017-05-10 Read twice and referred to the Committee on Finance. Related bill CRS 2018-07-25 ssfi00 Finance Committee Senate Received in the Senate and Read twice and referred to the Committee on Finance. IntroReferral 2018-07-24 15:13:17 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2018-07-24 15:13:16 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7110-7111) Floor H37300 2 House floor actions 2018-07-24 15:13:16 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7110-7111) Floor 8000 9 Library of Congress 2018-07-24 15:02:45 DEBATE - The House proceeded with forty minutes of debate on H.R. 519. Floor H8D000 2 House floor actions 2018-07-24 15:02:43 Considered under suspension of the rules. (consideration: CR H7110-7112) Floor H30000 2 House floor actions 2018-07-24 15:02:24 Mr. Roskam moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2018-07-23 Placed on the Union Calendar, Calendar No. 664. Calendars H12410 2 House floor actions U00664 2018-07-23 Reported (Amended) by the Committee on Ways and Means. H. Rept. 115-857. Committee H12200 2 House floor actions hswm00 Ways and Means Committee 2018-07-23 Reported (Amended) by the Committee on Ways and Means. H. Rept. 115-857. Committee 5000 9 Library of Congress hswm00 Ways and Means Committee 2018-06-21 hswm00 Ways and Means Committee 1 House committee actions Ordered to be Reported by Voice Vote. Committee 2018-06-21 hswm00 Ways and Means Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2017-01-13 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2017-01-13 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-01-13 Introduced in House IntroReferral 1000 9 Library of Congress B001297 Rep. Buck, Ken [R-CO-4] Ken Buck R CO 4 N G000565 Rep. Gosar, Paul A. [R-AZ-4] Paul Gosar R AZ A. 4 2017-01-13 True T000470 Rep. Tipton, Scott R. [R-CO-3] Scott Tipton R CO R. 3 2017-01-13 True L000584 Rep. Love, Mia B. [R-UT-4] Mia Love R UT B. 4 2017-01-13 True B001250 Rep. Bishop, Rob [R-UT-1] Rob Bishop R UT 1 2017-01-13 True L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 2017-02-14 False N000189 Rep. Newhouse, Dan [R-WA-4] Dan Newhouse R WA 4 2017-03-30 False P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2017-05-01 False P000598 Rep. Polis, Jared [D-CO-2] Jared Polis D CO 2 2017-05-03 False C001109 Rep. Cheney, Liz [R-WY-At Large] Liz Cheney R WY 0 2017-05-03 False C001077 Rep. Coffman, Mike [R-CO-6] Mike Coffman R CO 6 2017-05-23 False D000197 Rep. DeGette, Diana [D-CO-1] DIANA DEGETTE D CO 1 2017-05-24 False N000179 Rep. Napolitano, Grace F. [D-CA-32] GRACE NAPOLITANO D CA F. 32 2017-09-26 False C001114 Rep. Curtis, John R. [R-UT-3] John Curtis R UT R. 3 2017-12-14 False S001183 Rep. Schweikert, David [R-AZ-6] David Schweikert R AZ 6 2018-06-20 False S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 2018-06-21 False 2018-06-29T19:58:00Z H.R. 519, Water and Agriculture Tax Reform Act of 2018 https://www.cbo.gov/publication/54141 As ordered reported by the House Committee on Ways and Means on June 21, 2018 Taxation Business investment and capital Corporate finance and management Farmland Financial services and investments Land transfers Securities Tax-exempt organizations Water use and supply Taxation 00 2017-01-13 Introduced in House 2017-01-27T19:10:30Z Water and Agriculture Tax Reform Act of 2017

This bill amends the Internal Revenue Code to permit tax-exempt mutual ditch or irrigation companies to earn income from dispositions of certain real 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 irrigation companies. Where state law provides that such a company may be organized in a manner that permits voting on a basis that is pro rata to share ownership on corporate governance matters, the tax-exempt status of the mutual ditch or irrigation company must be determined without taking into account whether its member shareholders have one vote on corporate governance matters per share held in the corporation.

]]> 17 2018-07-23 Reported to House with amendment(s) 2018-07-30T15:12:04Z Water and Agriculture Tax Reform Act of 2018

This bill amends the Internal Revenue Code to permit tax-exempt mutual ditch or irrigation companies to earn income from dispositions of certain real 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 irrigation companies. Where state law provides that such a company may be organized in a manner that permits voting on a basis that is pro rata to share ownership on corporate governance matters, the tax-exempt status of the mutual ditch or irrigation company must be determined without taking into account whether its member shareholders have one vote on corporate governance matters per share held in the corporation.

]]> Water and Agriculture Tax Reform Act of 2018 Display Title Water and Agriculture Tax Reform Act of 2018 Official Title as Introduced To amend the Internal Revenue Code of 1986 to facilitate water leasing and water transfers to promote conservation and efficiency. Introduced in House IH Short Titles as Introduced Water and Agriculture Tax Reform Act of 2017 Short Titles as Reported to House Water and Agriculture Tax Reform Act of 2018 H House Short Titles as Passed House Water and Agriculture Tax Reform Act of 2018 H House Referred in Senate 2018-07-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr519rfs/xml/BILLS-115hr519rfs.xml Engrossed in House 2018-07-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr519eh/xml/BILLS-115hr519eh.xml Reported in House 2018-07-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr519rh/xml/BILLS-115hr519rh.xml Introduced in House 2017-01-13T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr519ih/xml/BILLS-115hr519ih.xml 2018-07-25 Received in the Senate and Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.