WIFIA Improvement Act of 2020
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Sep 11, 2020)
WIFIA Improvement Act of 2020
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 of for this type of loan is 35 years from the project's substantial completion.
What just happenedSep 14, 2020
Referred to the Subcommittee on Water Resources and Environment.
Who’s behind it
- Introduced in HouseSep 11, 2020
- Sep 14, 2020Committee
Referred to the Subcommittee on Water Resources and Environment.
Water Resources and Environment Subcommittee - Sep 11, 2020IntroReferralH11100
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 - Sep 11, 2020IntroReferralH11100
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 - Sep 11, 2020IntroReferralIntro-H
Introduced in House
- Sep 11, 2020IntroReferral1000
Introduced in House