{ "id": "RL31344", "type": "CRS Report", "typeId": "REPORTS", "number": "RL31344", "active": false, "source": "EveryCRSReport.com", "versions": [ { "source": "EveryCRSReport.com", "id": 101141, "date": "2002-06-10", "retrieved": "2016-05-24T20:08:48.836941", "title": "Water Infrastructure Financing Legislation: Comparison of S. 1961 and H.R. 3930", "summary": "This report provides a side-by-side comparison of two major bills in the 107th Congress\nconcerning\nwater infrastructure project financing. It compares provisions of S. 1961 , the Water\nInvestment Act of 2002, which would amend both the Clean Water Act (CWA) and Safe Drinking\nWater Act (SDWA), and H.R. 3930 , the Water Quality Financing Act of 2002, which\nwould amend only the CWA. It also describes relevant provisions of current law that would be\naffected or modified by the bills.\n The CWA and SDWA provisions that these two bills would amend are principally the portions\nof those laws that authorize federal financial assistance to State Revolving Loan Funds (SRFs) for\npurposes of building and upgrading wastewater treatment and drinking water treatment facilities in\ncompliance with the laws. Congress established the CWA SRF program in 1987 and the SDWA\nSRF program in 1996. Under both, federal capitalization grants are provided as seed money for\nstate-administered loans, which communities repay to the state, providing a source of capital for\nfuture investments. Both laws contain provisions that specify requirements for states to establish\nSRFs and requirements that apply to the SRF's operation, such as plans and reporting. Both define\ncategories of projects eligible for assistance, who may receive assistance, and types of assistance\nactivities.\n A key intention of both bills is to extend SRF authorizations. S. 1961 authorizes $35\nbillion total for FY2003-2007 ($20 billion for the CWA SRF, $15 billion for the SDWA SRF), while\nH.R. 3930 also authorizes $20 billion for the CWA SRF for the same time period. In\naddition, both would conform the two laws in several respects. For example, the SDWA currently\nallows states to offer longer loan repayment periods and additional subsidization to disadvantaged\ncommunities, and both bills would add parallel provisions to the CWA.\n The bills are not identical, however. In some cases, they take different approaches to an issue,\nsuch as how to revise the formula for state-by-state allotment of SRF capitalization grants. They\ndiffer in other ways, as well. S. 1961, but not H.R. 3930, includes provisions\nmodeled on the current SDWA that would allow private utilities to receive CWA SRF assistance. \nS. 1961 includes other provisions not in the House bill. One requires a study of public\nwater system and wastewater treatment works rate structures. Another calls for a study of to identify\nstatus and trends of freshwater and groundwater resources in the United States. It also includes a\nnew grant program to assist small community drinking water projects. H.R. 3930 includes\nsome provisions not in the Senate bill. For example, it would extend requirements for 11 CWA\nreports to Congress. \n Congressional committees are considering this water infrastructure legislation. Following a\nhearing on March 13, 2002, the House Transportation and Infrastructure Committee approved H.R.\n 3930 on March 20. The Senate Environment and Public Works Committee held hearings\non S. 1961 and several other bills on February 26 and 28 and approved S. 1961\nwith amendments on May 17.", "type": "CRS Report", "typeId": "REPORTS", "active": false, "formats": [ { "format": "PDF", "encoding": null, "url": "http://www.crs.gov/Reports/pdf/RL31344", "sha1": "a16fa14dd7239465d247e70c2a348cb0644a8130", "filename": "files/20020610_RL31344_a16fa14dd7239465d247e70c2a348cb0644a8130.pdf", "images": null }, { "format": "HTML", "filename": "files/20020610_RL31344_a16fa14dd7239465d247e70c2a348cb0644a8130.html" } ], "topics": [] } ], "topics": [ "Environmental Policy" ] }