SWIC Newsletter

SWIC Overview

The Sustainable Water Infrastructure Coalition (SWIC) is an alliance of corporations, public organizations, industry trade associations and others representing private and public water and wastewater service providers, construction contractors, equipment manufacturers and distributors, engineering companies, labor unions, financing institutions and business organizations, working to advance sustainable water and wastewater infrastructure policy through public awareness, education and advocacy. Edmund DeVeaux, vice president of government affairs for United Water, leads the water and wastewater industry coalition.?

SWIC is the lead organization in efforts to garner support for the Sustainable Water Infrastructure Investment Act, which would open the door for up to $5 billion annually in private investment in public water and wastewater infrastructure projects by removing these projects from the state volume cap on private activity bonds (PABs).?

Supporters of the PAB initiative include leading public sector and private industry organizations, such as the U.S. Conference of Mayors, National Governors Association, National League of Cities, U.S. Chamber of Commerce and Laborers? International Union of North America.

Accomplishments and Recent Developments

To date, SWIC?s efforts to advance water PAB legislation, which will significantly increase investment in water and wastewater infrastructure, have resulted in:

  • Unprecedented bicameral, bipartisan support ? more than 100 Congressional cosponsors;
  • Broadened industry support from 100 public and private organizations;
  • Passage by the U.S. House of Representatives, twice;
  • Legislative hearings in the U.S. House of Representatives and U.S. Senate;
  • Unanimous passage by the Senate Finance Committee;
  • Passage by the U.S. Senate (Transportation bill);
  • Inclusion in the President?s 2013 ?Rebuild America Partnership;? and
  • Inclusion in the President?s FY2014 budget.

SWIC Member Spotlight:
Water and Wastewater Equipment Manufacturers Association
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?????? The Water and Wastewater Equipment Manufacturers Association (WWEMA) joined the SWIC Steering Committee this year. WWEMA is a non-profit organization that has safeguarded and promoted the interests of its members since 1908. WWEMA?s mission is to inform, educate and provide leadership on issues that affect the worldwide water and wastewater equipment industry. WWEMA members supply the most sophisticated leading products and technology, offering solutions to every water-related environmental problem and need facing today’s society.
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?????? Legislation to lift the state caps on private activity bonds for water and wastewater projects is viewed as ?mission essential? for WWEMA this year in order to fulfill its third primary objective of supporting sustainable infrastructure financing, according to WWEMA president, Dawn Kristof Champney.
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?????? ?Our organization joined the SWIC Steering Committee to lend its full support behind this important coalition that is working in earnest to gain passage of the Sustainable Water Infrastructure Investment Act, which will provide an alternative source of funding critically needed to meet the nation?s enormous water and wastewater infrastructure needs,? Champney stated.

Bipartisan Congressional Leadership

Rep. Bill Pascrell (D-N.J.)? ?Our nation?s job deficit and deteriorating water systems have gotten to the point that if you randomly pick up a newspaper in any American city, there?s a good chance you find a story about a company?s job cuts or a community?s water main break ? maybe both,? says Rep. Pascrell.?? ?Taxpayers cannot be expected to foot the entire bill for all of the repairs and updates that our water infrastructure needs. This legislation will encourage public-private partnerships that will unlock upwards of 50 billion dollars of private capital for the public good. More people will be put back to work and more reliable water services will be provided in communities across the nation.?

Rep. Tom Reed (R-N.Y.) ?This bill is an important step in rebuilding the nation?s aging infrastructure and will encourage private capital investment, instead of tax dollars, in public water and wastewater infrastructure,? said Rep. Reed. ?I am pleased to work with Rep. Pascrell on this important legislation that will make the financing of water and wastewater projects more affordable.?

For additional information, visit www.sustainablewaterinfrastructure.org.

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