HR 6985 United States House · 117th Congress

Financing Lead Out of Water Act of 2022

Summary

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.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2022

Committee Review

Floor Vote

President

Introduced Mar 8, 2022 Last action Mar 8, 2022

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

2

Key actions

0

Committee

1

Mar 8, 2022

Committee

Referred to the House Committee on Ways and Means.

lower

Mar 8, 2022

Introduced

Introduced in House

lower

1 primary · 13 co-sponsors

Sponsors

Role

Legislator

Party

State

District

Daniel T. Kildee

A. Donald McEachin

Bill Pascrell, Jr.

C. A. Dutch Ruppersberger

Eleanor Holmes Norton