- Stage
- In committee
- Started in
- House
- Sponsors
- 9
- Latest action
- Jun 10, 2025
What it does
The bill 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. It affects issuers of municipal bonds funding lead service line replacement projects, particularly public water systems seeking to comply with federal drinking water regulations. The change applies to obligations issued after December 31, 2025, and defines key terms like "qualified lead service line replacement use" and "lead service line" using references to the Safe Drinking Water Act. The goal is to facilitate…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.