H.R. 8217 · 116th Congress
WIFIA Improvement Act of 2020
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
GaramendiSponsor8 cosponsors · 4 D, 4 R
5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill allows certain federal water infrastructure loans to have maturity dates of up to 55 years.
What it does: CRS summary · 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: WIFIA Improvement Act of 2020
Latest action (Sep 14, 2020): Referred to the Subcommittee on Water Resources and Environment.
Policy area: Water Resources Development · Origin: House · Introduced: Sep 11, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.