H.R.3622 - Ponds and Water-Based Conservation Act of 2009111th Congress (2009-2010)
Summary: H.R.3622 — 111th Congress (2009-2010)
Introduced in House (09/22/2009)
Ponds and Water-Based Conservation Act of 2009 - Amends the Internal Revenue Code to allow a tax credit for 50% of qualified pond construction expenditures, up to $50,000 in a taxable year. Defines "qualified pond construction expenditures" as amounts, including labor costs, incurred to construct a body of water to promote stormwater management and conservation or foster expansion of water-based habitat for wildlife or fish.