Bill117th CongressFiled Sep 22, 2022Taxation
S. 4921
Financing Lead Out of Water Act of 2022
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Sep 22, 2022)
Financing Lead Out of Water Act of 2022
This bill allows the issuance of tax-exempt private activity bonds to finance the replacement of any privately-owned portion of a lead service line in a public water system. Specifically, the bill provides that the use of proceeds from such bonds for replacement of a lead service line does not constitute private business use.
What just happenedSep 22, 2022
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Bennet, Michael F. [D-CO](D-CO)Sponsor
6 cosponsors6 D
6cosponsors1committees2actions1related bills
- Introduced in SenateSep 22, 2022
- Sep 22, 2022IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Sep 22, 2022IntroReferral10000
Introduced in Senate