[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5325 Introduced in House (IH)]
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118th CONGRESS
1st Session
H. R. 5325
To amend the Internal Revenue Code of 1986 to impose an excise tax on
water use during droughts, and for other purposes.
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IN THE HOUSE OF REPRESENTATIVES
September 1, 2023
Mr. Gallego (for himself and Mr. Grijalva) introduced the following
bill; which was referred to the Committee on Ways and Means, and in
addition to the Committee on Natural Resources, for a period to be
subsequently determined by the Speaker, in each case for consideration
of such provisions as fall within the jurisdiction of the committee
concerned
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A BILL
To amend the Internal Revenue Code of 1986 to impose an excise tax on
water use during droughts, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Domestic Water Protection Act of
2023''.
SEC. 2. EXCISE TAX ON GROWTH OF CERTAIN WATER-INTENSIVE CROPS.
(a) In General.--Subchapter D of chapter 32 of the Internal Revenue
Code of 1986 is amended by inserting after part I the following new
part:
``PART II--WATER-INTENSIVE CROPS
``Sec. 4171. Imposition of tax.
``Sec. 4172. Definitions.
``Sec. 4173. Special rules.
``SEC. 4171. IMPOSITION OF TAX.
``(a) In General.--There is hereby imposed a tax on the sale of any
specified water intensive crop by the manufacturer, producer, or
exporter thereof a tax of 300 percent of the price for which so sold.
``(b) Persons Liable for Tax.--The manufacturer, producer, or
exporter referred to in subsection (a) shall be liable for the tax
imposed by such subsection.
``(c) Regulations.--The Secretary shall promulgate regulations for
application of this section in a manner consistent with international
trade agreements.
``SEC. 4172. DEFINITIONS.
``(a) Water-Intensive Crop.--For purposes of this part--
``(1) In general.--The term `water-intensive crop' means a
crop grown--
``(A) in an area experiencing prolonged drought at
the time such crop is grown, and
``(B) by a manufacturer, producer, or exporter
which is a nonresident alien individual, foreign
corporation, foreign government, or foreign trust.
``(b) Area Experiencing Prolonged Drought.--The term `area
experiencing prolonged drought' means an area which has been identified
by the United States Drought Monitor as experiencing severe, extreme,
or exceptional drought lasting more than 6 months.
``SEC. 4173. SPECIAL RULES.
``In the case of any water-intensive crop which is manufactured or
produced by including one or more other water-intensive crops, no tax
shall be imposed under this section on any water-intensive crop
contained in the resulting specified water-intensive crop if tax was
previously imposed under this section on such water-intensive crop when
contained in the water-intensive crop so included.''.
(b) Drought Trust Fund.--
(1) In general.--Subchapter A of chapter 98 of the Internal
Revenue Code of 1986 is amended by adding at the end the
following new section:
``SEC. 9512. DROUGHT TRUST FUND.
``(a) Creation of Trust Fund.--There is established in the Treasury
of the United States a trust fund to be known as the `Drought Trust
Fund', consisting of such amounts as may be appropriated or credited to
such fund as provided in this section or section 9602(b).
``(b) Transfers to Trust Fund.--There are hereby appropriated to
the Drought Trust Fund amounts equivalent to the taxes received in the
Treasury under section 4171(a).
``(c) Expenditures.--Amounts in the Drought Trust Fund shall be
available, as provided in appropriation Acts, for making expenditures
to carry out the purposes of the WaterSmart Drought Response Program
established under section 9504 of the Omnibus Public Land Management
Act of 2009.''.
(c) Conforming Amendments.--
(1) Section 4221(a) of such Code is amended by adding at
the end the following: ``Paragraphs (1), (4), (5), and (6)
shall not apply to the tax imposed under section 4171.''.
(2) The table of parts for subchapter D of chapter 32 of
such Code is amended by inserting after the item relating to
part I the following new item:
``Part II. Water-intensive crops.''.
(3) The table of sections for subchapter A of chapter 98 of
the Internal Revenue Code of 1986 is amended by adding at the
end the following new item:
``Sec. 9512. Drought Trust Fund.''.
(d) Effective Date.--The amendments made by this section shall
apply to sales after the date of the enactment of this Act.
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