Easier access to federal loans for local water infrastructure upgrades.
This law changes the accounting rules for federal loans dedicated to water projects, such as wastewater treatment plants or water supply systems. By modifying how these loans are treated in the federal budget, local authorities and water utilities will find it easier to access large funds for infrastructure modernization. This could accelerate improvements in drinking water quality and flood safety in your community.
Key points
Facilitates access to federal loans for local governments and entities for critical water projects.
Changes the accounting treatment of these loans, potentially increasing the overall pool of available funds for water and sewage investments.
Status:
Expired
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