DemocratBill · S. 2007· Senate(119-S-2007)

Financing Lead Out of Water Act of 2025

Rep. Bennet
Age: 62 years
Colorado
Introduced
6/10/2025
Last activity
6/10/2025 — Read twice and referred to the Committee on Finance.
Sponsored by
Michael Bennet
Cosponsors
Democrat - 0Republican - 1
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Financing Lead Out of Water Act of 2025," aims to amend the Internal Revenue Code of 1986. It specifically seeks to modify private business use requirements for bonds used in lead service line replacement projects. The legislation clarifies that certain uses of bond proceeds for replacing privately-owned lead service lines do not count as private business use. This applies to public water systems working toward compliance with national drinking water regulations for lead. The changes would take effect for obligations issued after December 31, 2025.

Yes· 3 of 15

  • Does this better protect air, water and wildlife?+7

    By aiding in the removal of lead service lines, the bill directly improves drinking water safety and environmental health.

  • Would children be better off under this?+5

    Reducing lead exposure in water is highly beneficial for child development and health.

  • Does this give people more protection from unfair business practices?+5

    By facilitating lead service line replacements, the bill indirectly enhances consumer safety and water quality protection.

The opposite

No question was scored the opposite.