HR 1710 · 114th Congress · Water Resources Development

Drought Resilience Investment Act of 2015

Introduced 2015-03-26· Sponsored by Rep. McNerney, Jerry [D-CA-9]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Environment and the Economy.(2015-03-27)

Plain Language Summary

[AI summary unavailable — showing source text] Drought Resilience Investment Act of 2015 Amends the Water Resources Reform and Development Act of 2014 to exempt a water resources infrastructure project receiving federal credit assistance under the Water Infrastructure Finance and Innovation Act, that is carried out in a state during any period in which a state of drought declaration issued by the state's governor is in effect, from the prohibition against being financed with proceeds of any: (1) obligation that is tax exempt; or (2) qualified tax credit bond or a Build America Bond. Specifies that a state of drought declaration shall remain in effect until the date on which the governor rescinds the declaration. Terminates this Act on September 30, 2018.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (3)

3 Democrats