Restoring WIFIA Eligibility Act of 2025

This bill amends the Water Infrastructure Finance and Innovation Act (WIFIA) to change how certain water infrastructure financing is treated in federal budgeting. It specifically applies to projects funded by WIFIA where the recipient is a non-Federal entity (like a state, local government, or public utility) and repayment comes from non-Federal revenue sources. The key provision reclassifies such financial assistance as a direct loan or loan guarantee for budget purposes under the Federal Credit Reform Act of 1990, rather than as a direct grant. This change simplifies the budgetary accounting for these projects but does not alter the eligibility criteria for receiving WIFIA funding itself.