H.R. 6985 · 117th Congress
Financing Lead Out of Water Act of 2022
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
KildeeSponsor13 cosponsors · 13 D
D
Moore
BP
D
Pascrell
DD
D
DeGette
MD
D
Dean
EN
D
Norton
TS
D
Suozzi
DE
D
Evans
CR
D
Ruppersberger
MK
D
Kaptur
SC
D
Casten
AM
D
McEachin
PA
D
Aguilar
SJ
D
Jackson Lee2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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 it does: CRS summary · 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Financing Lead Out of Water Act of 2022
Latest action (Mar 8, 2022): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Mar 8, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.