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H.R. 6985 117th Congress House

Financing Lead Out of Water Act of 2022

Official title: To amend the Internal Revenue Code of 1986 to modify the private business use requirements for bonds issued for lead service line replacement projects.

Introduced: March 8, 2022 See on congress.gov
Taxation
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 8, 2022
Referred to the House Committee on Ways and Means.
Mar 8, 2022
Introduced in House
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 Latest action March 8, 2022

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Financing Lead Out of Water Act of 2022

This bill allows the issuance of tax-exempt private activity bonds to finance the replacement of any privately-owned portion of a lead service line in a public water system. Specifically, the bill provides that the use of proceeds from such bonds for replacement of a lead service line does not constitute private business use.

 Related & companion bills 1
  • S 4921 Identical bill Financing Lead Out of Water Act of 2022
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 13
All 13 Democratic 9
Jackson Lee, Sheila
· Nov 16, 2022
 D
Aguilar, Pete
California · Oct 21, 2022
McEachin, A.
· Sep 29, 2022
 D
Casten, Sean
Illinois · Sep 22, 2022
 D
Kaptur, Marcy
Ohio · Sep 20, 2022
 D
Evans, Dwight
Pennsylvania · Sep 19, 2022
Ruppersberger, C.
· Sep 19, 2022
 D
Dean, Madeleine
Pennsylvania · Sep 15, 2022
 D
Norton, Eleanor Holmes
District of Columbia · Sep 15, 2022
 D
Suozzi, Thomas R.
New York · Sep 15, 2022
 D
DeGette, Diana
Colorado · May 27, 2022
 D
Moore, Gwen
Wisconsin · Mar 8, 2022
Pascrell, Bill
· Mar 8, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6985: Financing Lead Out of Water Act of 2022. 117th Congress. Open America. https://openamerica.io/bill/117-HR-6985/
MLA
"H.R. 6985: Financing Lead Out of Water Act of 2022." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-6985/.
Bluebook (legal)
H.R. 6985, 117th Cong. (2026), https://openamerica.io/bill/117-HR-6985/.
Markdown link
[H.R. 6985: Financing Lead Out of Water Act of 2022](https://openamerica.io/bill/117-HR-6985/)
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