In mid November, Rep. Earl Blumenauer introduced a bipartisan, AGC-supported piece of legislation that would create a water infrastructure trust fund designed to supplement the Clean Water State Revolving Fund (CWSRF) with additional capitalization. Please take action now and urge your Representatives to cosponsor and support H.R. 3582, The Water Trust Fund Act of 2013.
If enacted, the bill would create a water infrastructure trust fund capitalized by voluntary contributions from products that rely on clean water or impact the wastewater stream. Companies that opted-in would direct a 3-cent per container fee to the trust fund. Eighty-five percent of this revenue would be directed as additional capitalization for the CWSRF, with the remaining fifteen percent directed to a new innovative water infrastructure financing mechanism based on the popular TIFIA program for surface transportation infrastructure. In return, these companies would be able to affix an official seal or logo to their product that explains how purchase of this product contributes to America’s clean water.
Tell your Representatives that you support more funding for wastewater infrastructure construction and to cosponsor and support H.R. 3582, The Water Trust Fund Act of 2013.
For more information, please contact Scott Berry at (703) 837-5321 or berrys@agc.org.
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