S 938 118th Congress Senate Environmental Protection

Water Affordability, Transparency, Equity, and Reliability Act of 2023

Introduced: March 22, 2023 Introduced by: Sanders, Bernard Independent · Vermont See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 22, 2023

Read twice and referred to the Committee on Finance.

Mar 22, 2023

Introduced in Senate

Plain-English summary Congressional Research Service

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.

What's happening now March 22, 2023

Read twice and referred to the Committee on Finance.

Committees of jurisdiction 1