Last progress May 14, 2025 (6 months ago)
Introduced on May 14, 2025 by John R. Curtis
Read twice and referred to the Committee on the Budget.
This bill changes how certain federal water infrastructure loans are counted in the budget. If a project gets help through the WIFIA program and the borrower is not part of the federal government, and they plan to repay the loan using non-federal money, then that assistance will be treated as non-federal and counted as a direct loan or loan guarantee under federal credit rules .
In plain terms, it clarifies the rules for how these loans are handled on paper. This can make it clearer and more consistent for non-federal borrowers using WIFIA to finance water projects, as long as they’re paying back with non-federal funds .