The Restoring WIFIA Eligibility Act would change how the federal government accounts for certain water infrastructure loans under the existing WIFIA program. Specifically, the bill would allow loans to non-federal entities—like states, municipalities, and private water utilities—that are repaid entirely through non-federal sources (such as user fees or local taxes) to be classified differently for budget accounting purposes. This reclassification would treat these loans as direct federal loans rather than grants, which could make them easier to approve and could free up more federal funding for other water infrastructure projects. The bill affects state and local governments and water utilities that seek federal financing for infrastructure improvements. No specific funding amounts or implementation timelines are specified in the legislation.
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