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Financing Lead Out of Water Act of 2025

In committee: it can still change before the session ends.

US S 2007 · Senate Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
Senate
Sponsors
2
Latest action
Jun 10, 2025

What it does

The Financing Lead Out of Water Act of 2025 would amend the Internal Revenue Code to clarify that using bond proceeds to replace privately owned portions of lead service lines connected to public water systems does not count as private business use, thereby making such financing more accessible for tax-exempt bonds. This change applies to public water systems seeking to comply with national primary drinking water regulations for lead by replacing lead service lines. The amendment would take effect for obligations issued after December 31, 2025. By removing a barrier to tax-advantaged financing, the bill aims to accelerate lead service line replacement projects nationwide.

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Jun 10, 2025

  2. Committee (Current step)

    In committee · Jun 10, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Financing Lead Out of Water Act of 2025 | 52