DemocratBill · H.R. 3035· House(119-HR-3035)

Restoring WIFIA Eligibility Act

Rep. Costa
Age: 74 years
California
Introduced
4/28/2025
Last activity
4/28/2025 — Referred to the Subcommittee on Water Resources and Environment.
Sponsored by
Jim Costa
Cosponsors
Democrat - 1Republican - 2
Economics and Public Finance
  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Restoring WIFIA Eligibility Act," aims to amend the Water Infrastructure Finance and Innovation Act of 2014. It focuses on changing the budgetary treatment of certain financial assistance amounts. Specifically, it targets financial assistance provided to eligible entities that are not Federal entities, agencies, or instrumentalities. The amendment applies when the dedicated sources of repayment are non-Federal revenue sources. Under this change, such assistance would be deemed non-Federal. It would also be treated as a direct loan or loan guarantee under the Federal Credit Reform Act of 1990.

Yes· 3 of 4

  • Does this reduce what the federal government spends?+1

    The bill alters budgetary treatment of loans, which may facilitate more efficient use of federal credit without increasing reported discretionary spending.

  • Does this make the government pay for what it commits to?+1

    It provides clearer budgetary accounting for water infrastructure financial assistance.

  • Would people in rural areas be better off under this?+1

    Enhanced budgetary treatment for water infrastructure can lead to better service for rural areas.

The opposite

No question was scored the opposite.