HR 1740 · 118th Congress · Water Resources Development
To amend the Water Infrastructure Finance and Innovation Act of 2014 to establish payment and performance security requirements for projects, and for other purposes.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Environment, Manufacturing, and Critical Materials.(2023-03-31)
Plain Language Summary
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This bill establishes bonding requirements for the recipient of a water infrastructure construction loan under the Water Infrastructure Finance and Innovation Act. A borrower must secure the financed project with payment and performance bonds in minimum amounts set out in the bill.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (17)
11 Democrats6 Republicans