Restoring WIFIA Eligibility Act

This bill changes how certain water project loans are counted in the federal budget. If a city, county, tribe, water district, or other non-federal group gets a WIFIA loan and pays it back using non-federal money (like local water rates or local taxes), that help is counted as non-federal and treated like a regular direct loan or loan guarantee under federal credit rules.

In plain terms, it says: when local or state-led water projects borrow through WIFIA and repay with their own funds, the federal budget should treat that assistance as non-federal financing, not as a federal grant or similar aid.

• Who is affected: Non-federal water project sponsors (cities, counties, tribes, water districts) using WIFIA loans repaid with non-federal revenues.
• What changes: Their WIFIA assistance is labeled “non-federal” for budget purposes and handled as a direct loan or loan guarantee under federal credit rules.
• When: The text does not specify timing or an effective date.