CONNstruction - Summer 2017 - 21
Creation Act" drafted by Congressman
Peter DeFazio (D-OR-4) that authorizes
$20 billion in Federal grants over five years
for the Clean Water SRF and $375 million in grants over five years for alternative water source projects; H.R. 1647, the
"Water Infrastructure Trust Fund Act of
2017," introduced by Congressman Earl
Blumenauer (D-OR-3) and Congressman
John Duncan (R-TN-2) that establishes a
Water Infrastructure Investment Trust Fund
financed by a voluntary 3 cent fee on every
water bottle, can and product to be equally
divided between the Clean Water and Safe
Drinking water SRF's; and, a bill being formulated by Congressman Jerry McNerney
(D-CA-9) that reauthorizes the Clean Water
SRF at $100M increments over the next
five fiscal years.
The Coalition has also advocated for
robust water funding in any mega infrastructure bill. President Trump has proposed a
$1 trillion 10-year infrastructure program
that includes tripling the funding for the
SRF's. The Coalition has been active in
support of that effort as well as the Senate
Democratic Leadership's $1 trillion proposal
that includes $110 billion for water.
Coupled with these is the annual advocacy efforts of the Coalition to secure the
highest possible funding levels for the SRF's
in the appropriations process and its active
role in assisting the House Water Caucus
in setting its agenda and in increasing its
membership for the current Congress.
Infrastructure Report Card (2017). America's
Infrastructure Scores a D+. Retrieved from http://www.
UN Water Report (2016). The United Nations World
Water Development Report 2016: Water and
Jobs. Retrieved from http://unesdoc.unesco.org/
U.S. Geological Survey (2017). Water Resources of the
United States. Retrieved from https://www2.usgs.gov/
Dinar, A., & Schwabe, K. (2015). Handbook of Water
Economics. Edward Elgar Publishing.
Your vision is our blueprint
Looking to the Future
Without a change of course, the lack
of efforts by the government to fund our
water infrastructure is likely to have negative
implications on the population in coming
years. In the absence of government funding, water companies have a high likelihood of passing the tab to customers to
secure funds for infrastructure improvements. The direct implication of this is
traditional cheap water will no longer be
available. As the population continues to
expand, the remaining infrastructure will
not be able to meet the needs, and this
will lead to a water crisis of a greater magnitude. The lack of clean drinking water
will also lead to more diseases that are
Gusovsky, D. (2016). America's Water Crisis Goes
beyond Flint, Michigan. CNBC. Retrieved from http://
waterborne, and the economy will suffer.
Dilapidated piping will likely cause even
more calamities like those recently seen in
Flint, Michigan. Significant efforts should be
made to improve the existing infrastructure,
as addressing the nation's water crisis is
paramount to the growth of the economy
and greatness of the country.
For decades, we have advised
lenders, non-proﬁt institutions,
and individuals on their most
complex and notable transactions.
Construction law is a core focus of our law ﬁrm.
Robert J. O'Brien
(860) 251-5789 |
CONNstruction / SUMMER 2017
4/13/16 8:44 PM