Home / Business and Economy / Water Reuse Tax Credit Proposed by Senators
Water Reuse Tax Credit Proposed by Senators
14 May
Summary
- Bill proposes a 30% tax credit for water reuse infrastructure.
- The incentive targets data centers and manufacturers.
- Bipartisan support indicated by Democratic and Republican senators.
A new legislative proposal championed by Senators Ben Ray Luján and Katie Britt aims to incentivize the development of water-reuse infrastructure. The bill, which has garnered bipartisan support, offers a substantial 30% tax credit to businesses.
This tax credit would specifically benefit data centers and manufacturers that invest in building facilities dedicated to water recycling and reuse. The initiative underscores a growing focus on water conservation and sustainable industrial practices.
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