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SENATE 726118th CongressRead twice and referred to the Committee on Finance.

Financing Lead Out of Water Act of 2023

Last Action
3/9/2023

Actions

  • 2023-03-09Read twice and referred to the Committee on Finance.
  • 2023-03-09Introduced in Senate

CRS Summary

As of 2023-03-09 (00)

Financing Lead Out of Water Act of 2023

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.

Cosponsors (7)

  • Ben Cardin (D-MD)
  • Sherrod Brown (D-OH)
  • Dianne Feinstein (D-CA)
  • Cory Booker (D-NJ)
  • Amy Klobuchar (D-MN)
  • Chris Van Hollen (D-MD)
  • Tina Smith (D-MN)
Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.