Sec. 2. Innovative financing pilot projects
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Section 5023 of the Water Infrastructure Finance and Innovation Act of 2014 ( 33 U.S.C. 3902 ) is amended— in subsection (a), by striking Secretary and the ; and by amending subsection
(b)to read as follows: The Secretary shall approve projects under this subtitle that are eligible under section 5026(1) or, as appropriate, section 5026(8). The Secretary shall issue guidance on information required to be included in applications for projects requiring approval from the Secretary under this subsection. . Section 5024 of the Water Infrastructure Finance and Innovation Act of 2014 ( 33 U.S.C. 3903 ) is amended— by amending subsection
(a)to read as follows: To receive assistance under this subtitle, an eligible entity shall submit to the Administrator, and the Secretary, if applicable, an application at such time, in such manner, and containing such information as the Administrator, and the Secretary, if applicable, may require. ; and in subsection (b), by striking Secretary or the Administrator, as applicable, and inserting Administrator, and the Secretary, if applicable, . Section 5028 of the Water Infrastructure Finance and Innovation Act of 2014 ( 33 U.S.C. 3907 ) is amended— in subsection (a)— in paragraph (1)— by striking Secretary or the Administrator, as applicable. and inserting Administrator. ; and by striking Secretary or the Administrator, as applicable, each place it appears and inserting Administrator ; in paragraph (5)(A), by striking the Administrator has authority under paragraph
(2)or
(3)of section 5023(b) and for which ; and by amending paragraph
(6)to read as follows: The Administrator, and the Secretary, if applicable, shall determine whether an applicant for assistance under this subtitle has developed, and identified adequate revenues to implement, a plan for operating, maintaining, and repairing the project over the useful life of the project. ; and in subsection (b)(1), by striking Secretary or the Administrator, as applicable, and inserting Administrator and the Secretary . Section 5029 of the Water Infrastructure Finance and Innovation Act of 2014 ( 33 U.S.C. 3908 ) is amended— in subsection (a)(2), by striking Secretary or the Administrator, as applicable and inserting Administrator ; in subsection (b)— in paragraph (1), by striking Secretary or the Administrator, as applicable, and inserting Administrator ; and in paragraph (7), by striking Secretary or the Administrator, as applicable, each place it appears and inserting Administrator ; in subsection (c)— in paragraph (1), by striking Secretary or the Administrator, as applicable, and inserting Administrator ; and in paragraph (3)— in subparagraph (A), by striking Secretary or the Administrator, as applicable and inserting Administrator ; and in subparagraph (C), by striking Secretary or the Administrator, as applicable, and inserting Administrator ; in subsection (d), by striking Secretary or the Administrator, as applicable, each place it appears and inserting Administrator ; and in subsection (e)— in paragraph (1), by striking Secretary or the Administrator, as applicable, each place it appears and inserting Administrator ; and in paragraph (2), by striking Secretary or the Administrator, as applicable. and inserting Administrator. . Section 5030 of the Water Infrastructure Finance and Innovation Act of 2014 ( 33 U.S.C. 3909 ) is amended— by striking Secretary or the Administrator, as applicable, each place it appears and inserting Administrator ; by striking Secretary or the Administrator, as applicable. each place it appears and inserting Administrator. ; and in subsection (c)(1), by striking to assist the Secretary or and inserting to assist . Section 5033 of the Water Infrastructure Finance and Innovation Act of 2014 ( 33 U.S.C. 3912 ) is amended— in subsection (a)— in the matter preceding paragraph (1), by striking each of the Secretary and ; in paragraph
(4)by striking and at the end; and by striking paragraph
(5)and inserting the following: $90,000,000 for fiscal year 2019; $100,000,000 for fiscal year 2020; $110,000,000 for fiscal year 2021; $120,000,000 for fiscal year 2022; $130,000,000 for fiscal year 2023; and $140,000,000 for fiscal year 2024. ; in subsection (b), by striking $2,200,000 for each of fiscal years 2015 through 2019 and inserting $3,000,000 for each of fiscal years 2015 through 2024 ; and by striking Secretary or the Administrator, as applicable, each place it appears and inserting Administrator . Section 5034 of the Water Infrastructure Finance and Innovation Act of 2014 ( 33 U.S.C. 3913 ) is amended— in subsection (a), by striking the Secretary and ; and in subsection (b)— in paragraph (1), by striking 4 years after the date of enactment of this Act and inserting 2 years after the date of enactment of the Water Infrastructure Finance and Innovation Reauthorization Act of 2017 ; and in paragraph (2)(B)(i), by striking Secretary or the Administrator, as applicable, and inserting Administrator .
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Sec. 2
Innovative financing pilot projects
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