II 115th CONGRESS 2d Session S. 3358 IN THE SENATE OF THE UNITED STATES August 21, 2018 Mr. Menendez (for himself and Mr. Crapo ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to provide that the volume cap for private activity bonds shall not apply to bonds for facilities for furnishing of water and sewage facilities.