AGC-Supported Water Infrastructure Trust Fund Legislation Introduced
Congressman Earl Blumenauer (D-Ore.) has introduced his
Water Infrastructure Investment Act with the support of senior Republicans on
the water infrastructure authorizing Committees - Rep. Duncan (R-Tenn.), Rep.
Whitfield (R-Kty.), Rep. Hanna (R-NY) and Rep. Petri (R-Wis.). The
introduction of the bipartisan Water Infrastructure Financing Act is both
important and timely as we look to potentially address shortfalls in our
nation's infrastructure funding through ongoing Budget negotiations.
This Trust Fund is a modified version of Blumenauer’s
legislation in that it would establish the trust fund, and create a voluntary
fee program where manufacturers of products that use significant amounts of
water in production or produce materials that require special filtration from
wastewater could choose to add a 3 cent surcharge per unit to their product
that would be deposited in the trust fund. In exchange, manufacturers would be
allowed to display on the product a medallion or label indicating that purchase
of the product helps contribute to America’s clean water infrastructure. The money collected would then be split, with 85% going to the Clean Water SRF and 15% going to an innovative water financing program to be created based on the much-lauded TIFIA program in surface transportation.
Congress, Rep. Blumenauer’s bill would have created a trust fund to assess user
fees on products that affect the water stream in an attempt to generate around
$9 billion per year to the Clean Water SRF to pay for wastewater infrastructure
projects. To generate $9 billion annually, the bill proposed fees at the
manufacturer level on bottled beverages, pharmaceuticals, and flushable
products (personal hygiene, toiletries, cooking oils, etc.). It in unknown at
this time how much money this new voluntary approach will collect.
AGC and its industry partners in the Water Infrastructure
Network have been active and strong supporters of Congressman Blumenauer's
Clean Water Trust Fund approach and strongly support the Water Infrastructure
Investment Act. AGC will continue to recruit additional cosponsors and
build support for this measure.
Read Rep. Blumenauer’s press release with AGC's words of support here
For more information contact Scott Berry at (703) 837-5321 or email@example.com
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