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HR 2979 117th Congress House Water Resources Development

To amend the Water Infrastructure Finance and Innovation Act of 2014 with respect to the final maturity date of certain loans, and for other purposes.

Introduced: May 4, 2021 Introduced by: Garamendi, John Democratic · California See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 5, 2021
Referred to the Subcommittee on Environment and Climate Change.
May 5, 2021
Referred to the Subcommittee on Water Resources and Environment.
May 4, 2021
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.
May 4, 2021
Introduced in House
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 Plain-English summary Congressional Research Service

This bill allows certain federal water infrastructure loans to have maturity dates of up to 55 years.

For a secured loan for a water infrastructure project with a useful life of more than 35 years, the final maturity date of the loan shall be no later than the earlier of (1) 55 years after the project's substantial completion, or (2) the useful life of the project. Currently, the latest possible maturity date for this type of loan is 35 years from the project's substantial completion.

What's happening now May 5, 2021

Referred to the Subcommittee on Environment and Climate Change.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 4
 Cosponsors 3
All 3 Democratic 1 Republican 2
R
LaMalfa, Doug
California · Jan 25, 2022
 D
Costa, Jim
California · May 7, 2021
 R
Newhouse, Dan
Washington · May 4, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2979: To amend the Water Infrastructure Finance and Innovation Act of 2014 with respect to the final maturity date of certain loans, and for other purposes.. 117th Congress. Open America. https://openamerica.io/bill/117-HR-2979/
MLA
"H.R. 2979: To amend the Water Infrastructure Finance and Innovation Act of 2014 with respect to the final maturity date of certain loans, and for other purposes.." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-2979/.
Bluebook (legal)
H.R. 2979, 117th Cong. (2026), https://openamerica.io/bill/117-HR-2979/.
Markdown link
[H.R. 2979: To amend the Water Infrastructure Finance and Innovation Act of 2014 with respect to the final maturity date of certain loans, and for other purposes.](https://openamerica.io/bill/117-HR-2979/)
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