,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #hbag  ,,in ,,the ,,house ,,of  
,,representatives  ,september #aa1      
#bjbj,mr4 ,garamendi 7for himself1 ,mr4 
,cox of ,california1 ,mr4 ,costa1 ,mr4  
,la,malfa1 ,mr4 ,harder of ,california1 
and ,mr4 ,newhouse7 introduced the      
following bill2 which was referred to   
the ,committee on ,transportation and   
,infrastructure1 and in addition to the 
,committee on ,energy and ,commerce1 for
 a period to be subsequently determined 
by the ,speaker1 in each case for       
consideration of such provisions as fall
 within the jurisdiction of the         
committee concerned  ,a ,,bill  ,to     
amend the ,water ,infrastructure        
,finance and ,innovation ,act of #bjad  
with respect to the final maturity date 
of certain loans1 and for other         
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,,wifia ,improvement
 ,act of #bjbj4  #b4 ,maturity date     
,section #ejbi7;b77#e7 of the ,water    
,infrastructure ,finance and ,innovation

 ,act of #bjad 7#cc ,u4,s4,c4           
#cijh7;b77#e77 is amended-- 7#a7 in     
subparagraph 7,b71 by striking ,the     
final maturity date and inserting       
,notwithstanding subparagraphs 7,a7 and 
7,b71 the final maturity date2  7#b7 by 
redesignating subparagraph 7,b7 as      
subparagraph 7,c72 and  7#c7 by         
inserting after subparagraph 7,a7 the   
following3  7,b7 ,projects with a useful
 life of more than #ce years            
,notwithstanding subparagraph 7,a71 for 
a project with a useful life of more    
than #ce years 7as determined by the    
,secretary or the ,administrator1 as    
applicable71 the final maturity date of 
a secured loan under this section shall 
be not later than the earlier of-- 7i7  
the date that is #ee years after the    
date of substantial completion of the   
relevant project 7as determined by the  
,secretary or the ,administrator1 as    
applicable72 and  7ii7 if the useful    
life of the project is less than #ee    
years1 the useful life of the project4  

4  #c4 ,budgetary treatment of certain  
amounts of financial assistance         
,subtitle ,c of title ,v of the ,water  
,infrastructure ,finance and ,innovation
 ,act of #bjad 7#cc ,u4,s4,c4 #cija et  
seq47 is amended by adding at the end   
the following3  #ejcf4 ,budgetary       
treatment of certain amounts of         
financial assistance ,if the recipient  
of financial assistance for a project   
under this subtitle is an eligible      
entity other than a ,federal entity1    
agency1 or instrumentality1 and the     
dedicated sources of repayment of that  
financial assistance are non-,federal   
revenue sources1 such financial         
assistance shall1 for purposes of       
budgetary treatment under the ,federal  
,credit ,reform ,act of #aiij 7#b       
,u4,s4,c4 #ffa et seq47-- 7#a7 be deemed
 to be non-,federal2 and  7#b7 be       
treated as a direct loan or loan        
guarantee 7as such terms are defined1   
respectively1 in such ,act74  4