Politiparty
Politiparty

118th Congress Taxation

S. 726: Financing Lead Out of Water Act of 2023

Introduced

  1. Introduced (completed)Mar 9, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Mar 9, 2023

This bill allows the issuance of tax-exempt private activity bonds to finance the replacement of any privately-owned portion of a lead service line in a public water system. Specifically, the bill provides that the use of proceeds from such bonds for replacement of a lead service line does not constitute private business use.

Written by the Congressional Research Service, Library of Congress.

Roll calls

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Amendments

0 offered

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Cosponsors

7

Who scored on this bill

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Other bills by Michael Bennet

History

  1. Mar 9, 2023Introduced in the Senate by Michael Bennet.
Show the full action history (2 actions)
  1. Mar 9, 2023Introduced in Senate
  2. Mar 9, 2023Read twice and referred to the Committee on Finance.