AGC-Supported Water Infrastructure Trust Fund Legislation Re-Introduced
Reps. Earl Blumenauer (D-Ore.), John Duncan (R-Tenn.), and Richard Hanna (R-N.Y.) introduced the Water Investment Trust Fund Act. This legislation will provide a small, deficit-neutral, protected source of revenue to help states replace, repair, and rehabilitate critical clean and drinking water facilities by creating a voluntary system that would allow businesses that rely on a clean water source to contribute to the fund.
Manufacturers of products that use significant amounts of water in production or produce materials that require special filtration from wastewater could choose to add a surcharge per unit to their product to be deposited in the trust fund. In exchange, manufacturers would be allowed to display a medallion or label on their products indicating that purchase of the product helps contribute to America's clean water infrastructure.
AGC and its industry partners in the Water Infrastructure Network have been active and strong supporters of Congressman Blumenauer's Clean Water Trust Fund approach and strongly support the Water Infrastructure Investment Act. AGC will continue to recruit additional co-sponsors and build support for this measure.
For more information, please contact Scott Berry at (703) 837-5321 or
berrys@agc.org.
Associated General Contractors of America