Strengthening Water Project Security
Official: Water Infrastructure Subcontractor and Taxpayer Protection Act of 2025
This bill improves security measures for construction projects funded by the Water Infrastructure Finance and Innovation Act, ensuring better protection for public funds.
This bill expands the definition of a qualifying child to include a stillborn child for purposes of the child tax credit. (Under current law, taxpayers may claim a tax credit of up $2,000 for each qualifying child.) Under the bill, a stillborn child is an unborn child (1) carried in the womb for a gestational period of 20 weeks or more, and (2) delivered after the spontaneous intrauterine fetal demise of the child.
1. The bill requires stronger payment and performance security for water infrastructure projects. 2. It allows state or local laws to fulfill security requirements if they meet certain conditions. 3. If local laws do not provide enough security, federal standards will apply. 4. This change aims to protect taxpayer investments in water projects.
This bill affects construction companies and local governments involved in water infrastructure projects.