The main purpose of this legislative text is to update and extend funding for water infrastructure grants under the Consolidated Farm and Rural Development Act. This is aimed at improving water, waste disposal, and wastewater facilities, particularly in rural areas. The key provision of this legislation is the reauthorization of specific grants that support the development and maintenance of water infrastructure. It changes the funding timeline from the years 2019 through 2023 to a new period from 2026 through 2031.