WIFIA Improvement Act

Bill: 114-hr-3756
Sponsor: full_name: Rep. Curbelo, Carlos [R-FL-26]
Introduced: 2015-10-16
Policy area: Water Resources Development
Subjects: Government lending and loan guarantees

Income tax exclusion

Securities

Water resources funding
Latest action: action_date: 2015-10-23
text: Referred to the Subcommittee on Environment and the Economy.

Summaries:
action_date: 2015-10-16
action_desc: Introduced in House
text: <p><strong>WIFIA Improvement Act</strong></p> <p>This bill amends the Water Infrastructure Finance and Innovation Act of 2014 to repeal provisions prohibiting any project receiving federal credit assistance under such Act from being financed from the proceeds of tax-exempt bonds.</p>

tv_txt: I 114th CONGRESS 1st Session H. R. 3756 IN THE HOUSE OF REPRESENTATIVES October 16, 2015 Mr. Curbelo of Florida introduced the following bill; which was 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 A BILL To amend the Water Resources Reform and Development Act of 2014 to remove a financial assistance limitation for certain water projects, and for other purposes.

1. Short title This Act may be cited as the WIFIA Improvement Act . 2. Removal of financial assistance limitation for certain water projects (a) In general Section 5028(a) of the Water Resources Reform and Development Act of 2014 ( 33 U.S.C. 3907(a) ) is amended— (1) by striking paragraph (5); and (2) by redesignating paragraphs (6) and (7) as paragraphs (5) and (6), respectively. (b) Conforming amendment Section 5034(b)(2)(A) of the Water Resources Reform and Development Act of 2014 ( 33 U.S.C. 3913(b)(2)(A) ) is amended by inserting , as such limitation was in effect on the day before the date of enactment of the WIFIA Reauthorization Act, after 5028(a)(5) .