Legis Daily

Restoring WIFIA Eligibility Act of 2025

USA119th CongressS-1760| Senate 
| Updated: 5/14/2025
John R. Curtis

John R. Curtis

Republican Senator

Utah

Cosponsors (1)
Mark Kelly (Democratic)

Budget Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
The "Restoring WIFIA Eligibility Act of 2025" proposes an amendment to the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA) to address the budgetary treatment of financial assistance. This amendment clarifies how certain WIFIA funds are accounted for under federal budget rules. Under the bill, if financial assistance is provided to an eligible entity that is not a federal agency and its repayment comes from non-federal revenue sources, that assistance will be deemed non-Federal . Consequently, for budgetary purposes under the Federal Credit Reform Act of 1990, it will be treated as a direct loan or loan guarantee , ensuring consistent financial classification for these infrastructure projects.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 28, 2025

Latest Companion Bill Action

HR 119-3035
Introduced in House
May 14, 2025
Introduced in Senate
May 14, 2025
Read twice and referred to the Committee on the Budget.
  • April 28, 2025

    Latest Companion Bill Action

    HR 119-3035
    Introduced in House


  • May 14, 2025
    Introduced in Senate


  • May 14, 2025
    Read twice and referred to the Committee on the Budget.

Economics and Public Finance

Restoring WIFIA Eligibility Act of 2025

USA119th CongressS-1760| Senate 
| Updated: 5/14/2025
The "Restoring WIFIA Eligibility Act of 2025" proposes an amendment to the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA) to address the budgetary treatment of financial assistance. This amendment clarifies how certain WIFIA funds are accounted for under federal budget rules. Under the bill, if financial assistance is provided to an eligible entity that is not a federal agency and its repayment comes from non-federal revenue sources, that assistance will be deemed non-Federal . Consequently, for budgetary purposes under the Federal Credit Reform Act of 1990, it will be treated as a direct loan or loan guarantee , ensuring consistent financial classification for these infrastructure projects.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 28, 2025

Latest Companion Bill Action

HR 119-3035
Introduced in House
May 14, 2025
Introduced in Senate
May 14, 2025
Read twice and referred to the Committee on the Budget.
  • April 28, 2025

    Latest Companion Bill Action

    HR 119-3035
    Introduced in House


  • May 14, 2025
    Introduced in Senate


  • May 14, 2025
    Read twice and referred to the Committee on the Budget.
John R. Curtis

John R. Curtis

Republican Senator

Utah

Cosponsors (1)
Mark Kelly (Democratic)

Budget Committee

Economics and Public Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted