According to the Association of Metropolitan Water Agencies (AMWA), Sen. Michal Bennet’s (D-Colo.) anticipated legislation would make it easier for water systems to finance full lead service line replacements with tax-exempt bonds. Bennet’s Financing Lead Out of Water (FLOW Act) is almost identical to aRead More

Under a draft tax reform plan released by Republican leaders in the House of Representatives last week, interest earned on municipal bonds issued to fund public water and wastewater infrastructure would remain fully exempt from federal taxation. But the plan would also eliminate new issuancesRead More

In March, the Association of Metropolitan Water Agencies (AMWA) urged Congress to maintain tax-exempt municipal bond interest when lawmakers undertake a comprehensive tax reform bill, joining a letter sent to Capitol Hill organized by the U.S. Conference of Mayors’ “Don’t Mess With Our Bonds” coalition.Read More

According to a new estimate developed by the Association of Metropolitan Water Agencies (AMWA) and the National Association of Clean Water Agencies (NACWA), eliminating tax-exempt municipal bonds would increase water and wastewater infrastructure financing costs by $16 billion nationwide over a 30-year repayment period. TheRead More