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bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      House Committee on Transportation and Infrastructure
      Water Resources and Environment
      House Committee on Ways and Means
      House Committee on Energy and Commerce
      Environment and the Economy
    IntroducedNovember 21st, 2013

What is it?

This bill would establish a federal trust fund to aid states in replacing, repairing or updating wastewater treatment facilities. According to the National Association of Clean Water Agencies,

makers of water-based beverages and flushable products could opt to put a clean water logo on their products in exchange for a 3-cent [per label] fee. The revenue from this fee would go towards a Water Infrastructure Investment Trust Fund, of which 85 percent would go towards replenishing the Clean Water State Revolving Fund (CWSRF) and the remaining 15 percent would fund a Water Infrastructure Finance and Innovation Authority to provide low-cost capital to clean water infrastructure projects. 

Impact

The bill impacts funding solutions for clean water infrastructure.

Cost

While a CBO cost is currently unavailable, the bill's sponsors have stated that the legislation would be deficit neutral.

More Information

AKA

Water Trust Fund Act of 2013

Official Title

To establish a Water Infrastructure Investment Trust Fund, and for other purposes.