H.R.6985: Financing Lead Out of Water Act of 2022

About This Bill

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Bill Summary

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.

(Source: Library of Congress)

Bill Actions

Date Description
March 8, 2022
Referred to the House Committee on Ways and Means.
March 8, 2022

Introduced in the House by Dan Kildee (D-Mich.)

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