26 U.S.C. § 90
§ 90. Illegal Federal irrigation subsidies
No plain-English explainer yet. Below is the official text. Explainers are being added section by section.
The law as written
Current through Public Law 119-102. Amendment notes omitted.
Gross income shall include an amount equal to any illegal Federal irrigation subsidy received by the taxpayer during the taxable year.
For purposes of this section—
The term “illegal Federal irrigation subsidy” means the excess (if any) of—
the amount required to be paid for any Federal irrigation water delivered to the taxpayer during the taxpayer year, over
the amount paid for such water.
The term “Federal irrigation water” means any water made available for agricultural purposes from the operation of any reclamation or irrigation project referred to in paragraph (8) of section 202 of the Reclamation Reform Act of 1982.
No deduction shall be allowed under this subtitle by reason of any inclusion in gross income under subsection (a).