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Future of Water Act of 2022

12/29/2022, 10:03 PM

Summary of Bill HR 7182

Bill 117 hr 7182, also known as the Future of Water Act of 2022, is a piece of legislation introduced in the US Congress with the goal of addressing water infrastructure challenges and ensuring access to clean and safe water for all Americans.

The bill focuses on several key areas, including investing in water infrastructure projects, promoting water conservation and efficiency, and protecting water resources. It aims to provide funding for the repair and replacement of aging water systems, as well as for the development of new technologies to improve water quality and availability.

Additionally, the Future of Water Act of 2022 seeks to support water conservation efforts by incentivizing the use of water-saving technologies and practices. It also includes provisions to protect water resources, such as measures to prevent pollution and ensure sustainable water management. Overall, this legislation aims to address the pressing challenges facing the nation's water infrastructure and resources, with the ultimate goal of ensuring that all Americans have access to clean and safe water now and in the future.

Congressional Summary of HR 7182

Future of Water Act of 2022

This bill prohibits the trading of futures contracts in water or water rights. A futures contract is an agreement to buy or sell a commodity or financial instrument at a set price at a specific time.

Read the Full Bill

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Current Status of Bill HR 7182

Bill HR 7182 is currently in the status of Bill Introduced since March 21, 2022. Bill HR 7182 was introduced during Congress 117 and was introduced to the House on March 21, 2022.  Bill HR 7182's most recent activity was Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit. as of April 4, 2022

Bipartisan Support of Bill HR 7182

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
34
Democrat Cosponsors
34
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7182

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 7182

Future of Water Act of 2022
Future of Water Act of 2022
To amend the Commodity Exchange Act to prohibit trading of water and water rights for future delivery, and for other purposes.

Comments

Sponsors and Cosponsors of HR 7182

Ro Khanna
Ro Khanna
CaliforniaDemocrat
Bonnie Watson Coleman
Bonnie Watson Coleman
New JerseyDemocrat
Rashida Tlaib
Rashida Tlaib
MichiganDemocrat
Janice D. Schakowsky
Janice D. Schakowsky
IllinoisDemocrat
Ayanna Pressley
Ayanna Pressley
MassachusettsDemocrat
Mark Pocan
Mark Pocan
WisconsinDemocrat

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