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H.R. 1710

Drought Resilience Investment Act of 2015

Drought Resilience Investment Act of 2015

Amends the Water Resources Reform and Development Act of 2014 to exempt a water resources infrastructure project receiving federal credit assistance under the Water Infrastructure Finance and Innovation Act, that is carried out in a state during any period in which a state of drought declaration issued by the state's governor is in effect, from the prohibition against being financed with proceeds of any: (1) obligation that is tax exempt; or (2) qualified tax credit bond or a Build America Bond.

Specifies that a state of drought declaration shall remain in effect until the date on which the governor rescinds the declaration.

Terminates this Act on September 30, 2018.

Referred to the Subcommittee on Environment and the Economy.

Rep. McNerney, Jerry [D-CA-9](D-CA)Sponsor
3 cosponsors3 D
3cosponsors2committees7actions3subjects
  1. Committee

    Referred to the Subcommittee on Environment and the Economy.

    Environment, Manufacturing, and Critical Materials Subcommittee
  2. Committee

    Referred to the Subcommittee on Water Resources and Environment.

    Water Resources and Environment Subcommittee
  3. IntroReferralH11100

    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
  4. IntroReferralH11100-A

    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.

  5. IntroReferralH11100

    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
  6. IntroReferralIntro-H

    Introduced in House

  7. IntroReferral1000

    Introduced in House

Drought Resilience Investment Act of 2015 — Informed