Restoring WIFIA Eligibility Act
Sponsored By: Representative Costa
In Committee
Summary
Reclassifies certain WIFIA financial assistance as non‑Federal and requires it be counted as a direct loan or loan guarantee for budget purposes. It would apply when the borrower is an eligible non‑Federal entity and repayment comes from non‑Federal revenue.
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- Eligible non‑Federal recipients: WIFIA assistance repaid from non‑Federal revenue would be deemed non‑Federal and recorded under the Federal Credit Reform Act as a direct loan or a loan guarantee.
- Budget accounting: For projects that meet those conditions the bill changes how the assistance is treated for federal budget purposes by requiring classification as a direct loan or loan guarantee under the Federal Credit Reform Act.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Budget fix for local water loans
If enacted, this bill would change how some federal water infrastructure loans are counted in the budget. Loans to eligible non‑Federal borrowers, repaid with non‑Federal revenue, would be treated as non‑Federal. They would be counted as direct loans or loan guarantees under the Federal Credit Reform Act. This could make it easier for local utilities and communities to finance water projects and could affect congressional budgeting.
Sponsors & CoSponsors
Sponsor
Costa
CA • D
Cosponsors
Rep. Newhouse, Dan [R-WA-4]
WA • R
Sponsored 4/28/2025
Rep. Fitzpatrick, Brian K. [R-PA-1]
PA • R
Sponsored 4/29/2025
Gray
CA • D
Sponsored 6/6/2025
Roll Call Votes
No roll call votes available for this bill.
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