United States · Bill · HR
H.R. 2979 (117th)
To amend the Water Infrastructure Finance and Innovation Act of 2014 with respect to the final maturity date of certain loans, and for other purposes.
Introduced
4 May 2021
Last action
5 May 2021 · Referred
Status
Referred to the Subcommittee on Environment and Climate Change.
Sponsors
Rep. Garamendi, John [D-CA-8], Rep. Newhouse, Dan [R-WA-4], Rep. Costa, Jim [D-CA-21], Rep. LaMalfa, Doug [R-CA-1]
Subjects
Transport
Source updated
16 January 2025
Summary
This bill allows certain federal water infrastructure loans to have maturity dates of up to 55 years. For a secured loan for a water infrastructure project with a useful life of more than 35 years, the final maturity date of the loan shall be no later than the earlier of (1) 55 years after the project's substantial completion, or (2) the useful life of the project. Currently, the latest possible maturity date for this type of loan is 35 years from the project's substantial completion.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
4 May 2021
Introduced
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
4 May 2021
Introduced
Introduced in House
Source: IntroReferral
4 May 2021
Introduced
Introduced in House
Source: IntroReferral
5 May 2021
Referred
Referred to the Subcommittee on Water Resources and Environment.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 4 May 2021 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 4 May 2021
Introduced in House (PDF)
Introduced in House · EN · 4 May 2021
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Introduced in House
summary · EN · 4 May 2021
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Sponsors
- Rep. Garamendi, John [D-CA-8] · D · Sponsor
- Rep. Newhouse, Dan [R-WA-4] · R · Sponsor
- Rep. Costa, Jim [D-CA-21] · D · Cosponsor
- Rep. LaMalfa, Doug [R-CA-1] · R · Cosponsor
- · hsif00 · Standing
- · hspw00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/house-bill/2979
- Open data entity: https://api.congress.gov/v3/bill/117/hr/2979
- us · 117-hr-2979 · source updated 16 January 2025