U.S. Rep. Jerry McNerney (D-Stockton, Calif.) on Friday introduced legislation that would provide a tax credit toward the purchase of WaterSense-certified products. H.R. 4117,“The Water Efficiency Improvement Act of 2014,” proposes amending the IRS Tax Code to provide a 30-percent tax credit (up to $2,000 per taxpayer) on the purchase of products “tested by an American National Standards Institute (ANSI) accredited third-party certification body or laboratory in accordance with the Environmental Protection Agency’s WaterSense program.”
“Everyone can agree that using water more efficiently makes sense,” McNerney said. “The WaterSense program is a commonsense public-private partnership that benefits consumers and small businesses across the country. My bill builds on this program’s success and makes it easier to invest in the products that will help families save money each month.