To amend the Internal Revenue Code of 1986 to modify the private business use requirements for bonds issued for lead service line replacement projects.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill requires modification of private business use requirements for certain bonds Section 141(b)(6) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: For purposes of this. It relies on definition changes, compliance mandates, and delegation of rulemaking. The main policy areas are Water Infrastructure, Finance, and Environment.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Water infrastructure operators and water users affected by the bill would take on compliance duties, and Businesses and employers affected by the bill would take on compliance duties.
Key Provisions
- Requires modification of private business use requirements for certain bonds Section 141(b)(6) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: For purposes of this...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires modification of private business use requirements for certain bonds Section 141(b)(6) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: For purposes of this.
Key Policy Areas
Water Infrastructure, Finance, Environment
Primary Purpose
The bill requires modification of private business use requirements for certain bonds Section 141(b)(6) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph: For purposes of this.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Water infrastructure operators and water users affected by the bill
- Businesses and employers affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Kildee (for himself, Ms. Tenney, Ms. Moore of Wisconsin, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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