House Bill 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.

Purpose and Summary

Chamber: House

Introduced date: 2023-03-23

Recent Activity

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

Alternative Names

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.

Associated Legislation

Water Infrastructure Subcontractor and Taxpayer Protection Act of 2023

Policy Areas

Water Resources Development

Potential Impact

Sponsors and Supporters

Rep. Bost, Mike [R-IL-12]

Cosponsors and Supporters

Rep. Pappas, Chris [D-NH-1]

Rep. Balderson, Troy [R-OH-12]

Rep. Lynch, Stephen F. [D-MA-8]

Rep. Payne, Donald M., Jr. [D-NJ-10]

Rep. Webster, Daniel [R-FL-11]

Rep. Gottheimer, Josh [D-NJ-5]

Rep. Brownley, Julia [D-CA-26]

Rep. Allred, Colin Z. [D-TX-32]

Rep. Auchincloss, Jake [D-MA-4]

Rep. Kean, Thomas H. [R-NJ-7]

Rep. Stauber, Pete [R-MN-8]

Committees and Subcommittees

Energy and Commerce Committee

Environment, Manufacturing, and Critical Materials Subcommittee

Transportation and Infrastructure Committee

Water Resources and Environment Subcommittee

Variations and Revisions

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

1/22/2024, 6:45 PM

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 ...

Congress
118

Number
HR - 1740

Introduced on
2023-03-23

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

3/23/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and 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 ...

Alternative Names
Official Title as IntroducedTo amend the Water Infrastructure Finance and Innovation Act of 2014 to establish payment and performance security requirements for projects, and for other purposes.

Policy Areas
Water Resources Development

Comments

Recent Activity

Latest Summary7/28/2023

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 ...


Latest Action3/31/2023
Referred to the Subcommittee on Environment, Manufacturing, and Critical Materials.