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.

Introduced 2023-03-23· Sponsored by Rep. Bost, Mike [R-IL-12]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Environment, Manufacturing, and Critical Materials.(2023-03-31)

Plain Language Summary

[AI summary unavailable — showing source text] 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