May 20, 2010

Thursday’s Water News: Tax Extenders Bill Has Good News for Water Infrastructure

Posted in Georgia, Illinois, Missouri, National, New Jersey, New Mexico, North Carolina, Ohio, Oregon at 5:19 pm by bengann

Today, Senator Max Baucus (D-Mont.), Chairman  of the Senate Finance Committee, and Rep. Sander Levin (D-Mich.), Chairman of the House Ways and Means Committee, released an agreement on a “Tax Extenders” bill (H.R. 4213) which includes a provision that would exempt water and wastewater projects funded via private activity bonds (PAB) from the state volume cap.

The Senate Finance Committee estimates the PAB provision will cost $372 million over 10 years, and is identical to the Sustainable Water Infrastructure Investment Act (S. 3262) introduced several weeks ago by Sen. Menendez (D-N.J.). A summary of H.R. 4213, the “Tax Extenders” bill, can be found here.

Headlines
Oak Lawn, Illinois will use a $40 million loan from the state’s EPA to jump-start its water distribution system upgrade. The total cost of the project that would modernize the waterworks and increase its pumping capacity is between $100 million and $200 million.

Work crews in Hasbrouck Heights, New Jersey worked Wednesday night to repair a large sinkhole on State Route 17 created by a water main break.

Stimulus Spotlight
In New Mexico, the Albuquerque Bernalillo County Water Utility Authority has started a $30 million irrigation project will add new pipeline to pump treated wastewater to parks, fields and other recreational areas. A portion of the project is funded through the economic stimulus. 

Missouri Governor Jay Nixon has announced his state has been rated first in the nation in using federal stimulus money for wastewater improvement projects.

Sewer Rate News
Centerville, Georgia
Granville, Ohio
Hickory, North Carolina
Portland, Oregon

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2 Comments »

  1. BRAD MONSON said,

    Hello:

    Where can I find information to find out what municipalities in the US are currently looking at the option of privatizing their water infrastructure?

    Thank you.

    Yours truly,

    Brad Monson

    • bengann said,

      Not sure exactly. You may want to contact the council for public-private partnerships.


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