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Water Affordability, Transparency, Equity, and Reliability Act of 2023
S. 938, 118th Congress
- Status
- In committee
- Introduced
- 03/22/2023
- Cosponsors
- 5
- Latest action
- 03/22/2023
About this bill
- Official title
- Water Affordability, Transparency, Equity, and Reliability Act of 2023
- Sponsor
- Bernard Sanders (I-VT)
- Introduced in
- Senate
- Policy area
- Environmental Protection
- Committees
- Finance Committee
- Latest action
- Read twice and referred to the Committee on Finance.
Summary
Congressional Research Service, Introduced in Senate (03/22/2023)
Water Affordability, Transparency, Equity, and Reliability Act of 2023
This bill increases funding for water infrastructure to control water pollution or protect drinking water.
Specifically, it establishes a Water Affordability, Transparency, Equity, and Reliability Trust Fund. The fund may be used for specified grant programs. The bill increases the corporate income tax rate to 24.5% to provide revenues for the fund.
In addition, the bill revises requirements concerning the clean water state revolving fund (SRF) and the drinking water SRF, including by prohibiting states from providing financial assistance using amounts from the clean water SRF for projects that will provide substantial direct benefits to new communities other than projects for constructing an advanced decentralized wastewater system.
It also creates or reauthorizes several grant programs related to water infrastructure, such as grants for removing lead from drinking water.
Actions
Newest first
- 03/22/2023 · Senate
Read twice and referred to the Committee on Finance.
- 03/22/2023
Introduced in Senate
Source: U.S. Government Publishing Office, GovInfo Bill Status; Congressional Research Service summaries · Last updated 03/22/2023