Sec. 7. Budgetary treatment of certain amounts of financial assistance

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The Water Infrastructure Finance and Innovation Act of 2014 ( 33 U.S.C. 3901 et seq. ) is amended by adding at the end the following: If the recipient of financial assistance for a project under this subtitle is an eligible entity other than a Federal entity, agency, or instrumentality, and the dedicated sources of repayment of that financial assistance are non-Federal revenue sources, such financial assistance shall, for purposes of budgetary treatment under the Federal Credit Reform Act of 1990 ( 2 U.S.C. 661 et seq. )— be deemed to be non-Federal; and be treated as a direct loan or loan guarantee (as such terms are defined, respectively, in such Act). .

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Sec. 7

Budgetary treatment of certain amounts of financial assistance

U.S.C.§ 3901

U.S.C.§ 661

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