legislation: 116-hr-8217

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
116-hr-8217 116 hr 8217 WIFIA Improvement Act of 2020 Water Resources Development 2020-09-11 2020-09-14 Referred to the Subcommittee on Water Resources and Environment. House Rep. Garamendi, John [D-CA-3] CA D G000559 8 WIFIA Improvement Act of 2020 This bill allows certain federal water infrastructure loans to have maturity dates of up to 55 years. For a secured loan for a water infrastructure project with a useful life of more than 35 years, the final maturity date of the loan shall be no later than the earlier of (1) 55 years after the project's substantial completion, or (2) the useful life of the project. Currently, the latest possible maturity date of for this type of loan is 35 years from the project's substantial completion. 2023-01-11T13:45:00Z  

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