The bill aims to amend the Water Infrastructure Finance and Innovation Act of 2014 by introducing payment and performance security requirements for projects. This amendment seeks to enhance accountability and ensure the successful completion of water infrastructure projects. The bill's main provisions focus on establishing mechanisms to secure payments and guarantee project performance, aiming to safeguard public investments in water infrastructure. If enacted, this bill could lead to increased transparency, efficiency, and reliability in the implementation of such projects.
2023-03-23: Introduced in House
2023-03-23: Referred to the Committee on Transportation and Infrastructure, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2023-03-24: Referred to the Subcommittee on Water Resources and Environment.
2023-03-31: Referred to the Subcommittee on Environment, Manufacturing, and Critical Materials.
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