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HR 1710 114th Congress House Water Resources Development Disaster relief and insurance Water resources funding Water use and supply

Drought Resilience Investment Act of 2015

Introduced: March 26, 2015 See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2015
Referred to the Subcommittee on Environment and the Economy.
Mar 27, 2015
Referred to the Subcommittee on Water Resources and Environment.
Mar 26, 2015
Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 26, 2015
Introduced in House
 Plain-English summary Congressional Research Service

Drought Resilience Investment Act of 2015

Amends the Water Resources Reform and Development Act of 2014 to exempt a water resources infrastructure project receiving federal credit assistance under the Water Infrastructure Finance and Innovation Act, that is carried out in a state during any period in which a state of drought declaration issued by the state's governor is in effect, from the prohibition against being financed with proceeds of any: (1) obligation that is tax exempt; or (2) qualified tax credit bond or a Build America Bond.

Specifies that a state of drought declaration shall remain in effect until the date on which the governor rescinds the declaration.

Terminates this Act on September 30, 2018.

What's happening now March 27, 2015

Referred to the Subcommittee on Environment and the Economy.

 Committees of jurisdiction 4
 Cosponsors 2
All 2 Democratic 2