No official summary available for this bill.
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1285 Introduced in House (IH)]
<DOC>
119th CONGRESS
1st Session
H. R. 1285
To amend the Water Infrastructure Finance and Innovation Act of 2014 to
establish payment and performance security requirements for projects,
and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 13, 2025
Mr. Bost (for himself and Mr. Pappas) introduced the following bill;
which was 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
_______________________________________________________________________
A BILL
To amend the Water Infrastructure Finance and Innovation Act of 2014 to
establish payment and performance security requirements for projects,
and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Water Infrastructure Subcontractor
and Taxpayer Protection Act of 2025''.
SEC. 2. FEDERAL REQUIREMENTS FOR WIFIA ELIGIBILITY AND PROJECT
SELECTION.
Section 5028(a)(1)(C) of the Water Infrastructure Finance and
Innovation Act of 2014 (33 U.S.C. 3907(a)(1)(C)) is amended--
(1) by striking ``The Secretary'' and inserting the
following:
``(i) Financing security features.--The
Secretary''; and
(2) by adding at the end the following:
``(ii) Construction payment and performance
security.--
``(I) In general.--The Secretary or
the Administrator, as applicable, shall
ensure that the construction of a
project carried out with assistance
under this subtitle has payment and
performance security in accordance with
this clause.
``(II) Use of state or local
requirements.--The Secretary or the
Administrator, as applicable, shall
consider subclause (I) to be satisfied
with respect to the construction of a
project if--
``(aa) applicable State or
local law requires payment and
performance security with
respect to the construction;
and
``(bb) the amount of that
payment and performance
security is not less than 50
percent of the total
construction contract amount.
``(III) Use of bonds.--With respect
to the construction of a project to
which no State or local payment and
performance security requirements apply
or for which the amount of payment and
performance security under applicable
State or local payment and performance
requirements does not meet the
requirement described in subclause
(II)(bb), the Secretary or the
Administrator, as applicable, shall
require, for purposes of satisfying
subclause (I), that the requirements
described in paragraphs (1) and (2) of
section 3131(b) of title 40, United
States Code, be met.''.
<all>
Introduced in House
Introduced in House
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.
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.
Referred to the Subcommittee on Water Resources and Environment.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line