H.R. 9665 · 117th Congress
To amend the Water Infrastructure Finance and Innovation Act of 2014 to establish payment and performance security requirements for projects, and for other purposes.
- Stage
- In committee
- Sponsor
- Stephen Lynch
- Introduced
- 2022-12-21
- Latest action
- 2022-12-22 · Referred to the Subcommittee on Water Resources and Environment.
Summary
This bill establishes bonding requirements for the recipient of a water infrastructure construction loan under the Water Infrastructure Finance and Innovation Act. A borrower must secure the financed project with payment and performance bonds in minimum amounts set out in the bill.