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United States · Bill · HR

H.R. 7781 (96th)

National Water Utilities Bank Act

referredUnited States· United States Congress· EN

Introduced

21 July 1980

Last action

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Status

Referred to House Committee on Banking, Finance and Urban Affairs.

Sponsors

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Subjects

Discovery layer

Source updated

2 September 2025

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Summary

National Water Utilities Bank Act - Charters the National Water Utilities Bank, as a Government corporation, to provide financial assistance for the construction, maintenance, and improvement of public water systems. Sets forth the powers of such Bank. Provides for a Board of Directors. Provides for such Bank's capitalization by water suppliers and the United States. Establishes different classes of stock. Authorizes the Bank to borrow funds and to make loans to water suppliers. Specifies preferences in making such loans. Sets forth requirements of such loans. Exempts the Bank and its assets, other than real property, from taxation.

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1 official file

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