To amend the Water Infrastructure Finance and Innovation Act of 2014 with respect to the final maturity date of certain loans, and for other purposes.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 4, 2021)
This bill allows certain federal water infrastructure loans to have maturity dates of up to 55 years.
For a secured loan for a water infrastructure project with a useful life of more than 35 years, the final maturity date of the loan shall be no later than the earlier of (1) 55 years after the project's substantial completion, or (2) the useful life of the project. Currently, the latest possible maturity date for this type of loan is 35 years from the project's substantial completion.
What just happenedMay 5, 2021
Referred to the Subcommittee on Environment and Climate Change.
Who’s behind it
- Introduced in HouseMay 4, 2021
- May 5, 2021Committee
Referred to the Subcommittee on Environment and Climate Change.
Environment, Manufacturing, and Critical Materials Subcommittee - May 5, 2021Committee
Referred to the Subcommittee on Water Resources and Environment.
Water Resources and Environment Subcommittee - May 4, 2021IntroReferralH11100
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Energy and Commerce, 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.
Energy and Commerce Committee - May 4, 2021IntroReferralH11100
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Energy and Commerce, 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.
Transportation and Infrastructure Committee - May 4, 2021IntroReferralIntro-H
Introduced in House
- May 4, 2021IntroReferral1000
Introduced in House