1. Short title; table of contents (a) Short title This Act may be cited as the New Water Available To Every Reclamation State Act or the New WATER Act . (b) Table of contents The table of contents of this Act is as follows: Sec. 1. Short title; table of contents. Sec. 2. Purposes. Sec. 3. Authority to provide assistance. Sec. 4. Applications. Sec. 5. Eligibility for assistance. Sec. 6. Selection criteria. Sec. 7. Federal requirements. Sec. 8. Secured loans. Sec. 9. Program administration. Sec. 10. State, tribal, and local permits. Sec. 11. Regulations. Sec. 12. Funding. Sec. 13. Report to Congress on pilot project implementation. Sec. 14. Definitions. 2. Purposes The purposes of this Act are— (1) to promote increased development of critical water resources infrastructure by establishing additional opportunities for financing water resources projects; (2) to attract new investment capital to infrastructure projects that are capable of generating revenue streams through user fees or other dedicated funding sources; and (3) to leverage private investment in water resources infrastructure. 3. Authority to provide assistance (a) In general For 15 years after the date of the enactment of this Act, the Secretary may provide financial assistance under this Act to carry eligible projects within— (1) any Reclamation State; (2) any other State in which the Bureau of Reclamation is authorized to provide project assistance; and (3) the States of Alaska and Hawaii. (b) Selection In selecting projects to receive financial assistance under subsection (a), the Secretary shall ensure diversity with respect to— (1) project types