September 12, 2022 by

Water sector coalition supports lead replacement funding using tax-exempt bonds

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 a version passed by the House in March and has similar support from prominent industry organizations including the American Water Works Association and AMWA.

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