Safe Drinking Water in Playgrounds and Parks Act This bill expands an existing grant program that provides assistance to local education agencies for replacing school drinking water fountains that were manufactured prior to 1988 to include such drinking water fountains located in playgrounds and parks owned or administered by schools. Additionally, the Environmental Protection Agency must establish a grant program to provide assistance to states and municipalities for the replacement of drinking water fountains that were manufactured prior to 1988 and are located in playgrounds or parks owned by states or municipalities.