Reps. Pascrell, Duncan Reintroduce Critical Water Infrastructure Legislation

For nearly three years, numerous U.S. water companies, organizations and advocates have lobbied Congress to reintroduce a significant piece of legislation to assist in the financing of water and sewer projects in the United States. Last Thursday, those groups? efforts took a big step forward as Reps. John Duncan (R-Tenn.) and Bill Pascrell (D-N.J.) reintroduced the Sustainable Water Infrastructure Investment Act of 2014.

The Sustainable Water Infrastructure Investment Act, H.R. 4237, would exempt Private Activity Bonds for the building of water and sewage facilities from the volume cap, which would ultimately accelerate and increase the overall investment in the nation?s water infrastructure. The bill was first introduced in Congress in May 2011 but was not enacted.