118th Congress · HOUSE BILLBILL

H.R. 1740 — To amend the Water Infrastructure Finance and Innovation Act of 2014 to establish payment and performance security requirements for projects, and for other purposes.

“To amend the Water Infrastructure Finance and Innovation Act of 2014 to establish payment and performance security requirements for projects, and for other purposes.”

Water resources development

Introduced Mar 23, 2023

Last action Mar 31, 2023

Pipeline · Bill → Law

Step 1

Introduced

Mar 23, 2023

Step 2

Referred

Mar 31, 2023

E&C · T&I

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill establishes bonding requirements for the recipient of a water infrastructure construction loan under the Water Infrastructure Finance and Innovation Act. A borrower must secure the financed project with payment and performance bonds in minimum amounts set out in the bill.

Provisions · 1 sectionsIntroduced in House

Timeline · 5 actions

Mar 31, 2023

Referred to the Subcommittee on Environment, Manufacturing, and Critical Materials.

Mar 24, 2023

Referred to the Subcommittee on Water Resources and Environment.

Mar 23, 2023

Introduced in House

Mar 23, 2023

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.

Mar 23, 2023