S2007-119

Introduced

To amend the Internal Revenue Code of 1986 to modify the private business use requirements for bonds issued for lead service line replacement projects.

119th Congress Introduced Jun 10, 2025

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

This bill, To amend the Internal Revenue Code of 1986 to modify the private business
use requirements for bonds issued for lead service line replacement
projects., changes federal law or congressional policy affecting transportation operators and travelers. The main policy domain is Transportation, Immigration.

Who Benefits and How

transportation operators and travelers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, transportation operators and travelers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H080A6C45C0164DB8A0C2EC243619D840: 1. Short title This Act may be cited as the Financing Lead Out of Water Act of 2025.
  • Section H4981665E4A3648AA88F9A09E6EF66AAB: 2. 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...

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

This bill, To amend the Internal Revenue Code of 1986 to modify the private business use requirements for bonds issued for lead service line replacement projects., changes federal law or congressional policy affecting transportation operators and travelers.

Key Policy Areas

Transportation, Immigration

Primary Purpose

This bill, To amend the Internal Revenue Code of 1986 to modify the private business use requirements for bonds issued for lead service line replacement projects., changes federal law or congressional policy affecting transportation operators and travelers.

Policy Domains

Transportation Immigration

Whole bill

Identified Gains
  • transportation operators and travelers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
transportation operators and travelers:
Identified Costs
  • federal implementing agencies
  • transportation operators and travelers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:
transportation operators and travelers:

Legislative Progress

Introduced
Introduced Committee Passed
Jun 10, 2025

Mr. Bennet (for himself and Mr. Justice) introduced the following …

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?

Domains
Transportation Immigration
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology