Bill117th CongressFiled Mar 8, 2022Taxation
H.R. 6985
Financing Lead Out of Water Act of 2022
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Mar 8, 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 happenedMar 8, 2022
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Kildee, Daniel T. [D-MI-5](D-MI)Sponsor
13 cosponsors13 D
13cosponsors1committees3actions1related bills
- Introduced in HouseMar 8, 2022
- Mar 8, 2022IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Mar 8, 2022IntroReferralIntro-H
Introduced in House
- Mar 8, 2022IntroReferral1000
Introduced in House