Water Trust Fund Act of 2013
Latest action · Nov 22, 2013 Referred to the Subcommittee on Environment and the Economy.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedNov 21, 2013
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Water Trust Fund Act of 2013 - Amends the Internal Revenue Code to establish in the Treasury a Water Infrastructure Investment Trust Fund. Appropriates to such Fund amounts equivalent to the fees received in the Treasury before January 1, 2019, under this Act.
Requires 85% of amounts in the Fund to be available to the Administrator of the Environmental Protection Agency (EPA) for making capitalization grants under the Federal Water Pollution Control Act (commonly known as the Clean Water Act or CWA), and 15% to be available to the Secretary of the Treasury for carrying out the innovative financing program established under this Act.
Prohibits amounts in the Fund from being made available for a fiscal year unless the amount of funds appropriated to the Clean Water State Revolving Fund through annual capitalization grants is not less than the average of the annual amounts provided in capitalization grants under the CWA for the immediately preceding five-fiscal-year period.
Directs the Secretary to: (1) implement a program under which the Secretary provides a label suitable for placement on products (for a fee of three cents per unit) to inform consumers that the manufacturer, producer, or importer of the product and other stakeholders participate in the Fund and are contributing to America's clean water; and (2) deposit amounts received in the Treasury.
Directs the Secretary to: (1) establish an innovative financing program to make financial assistance available for projects eligible for assistance from a state water pollution control revolving fund established pursuant to the CWA, and (2) model the program after the Transportation Infrastructure Finance and Innovation Act of 1998 program.
Cosponsors 7
Members who signed on, in the order they did. All signed on Nov 21, 2013.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MD | Donna F. Edwards | Original | Nov 21, 2013 |
| R-KY | Ed Whitfield | Original | Nov 21, 2013 |
| D-VA | James P. Moran | Original | Nov 21, 2013 |
| R-TN | John J. Duncan, Jr. | Original | Nov 21, 2013 |
| R-NY | Richard L. Hanna | Original | Nov 21, 2013 |
| R-WI | Thomas E. Petri | Original | Nov 21, 2013 |
| D-NY | Timothy H. Bishop | Original | Nov 21, 2013 |
Actions 5
Everything that happened, newest first.
- Nov 22, 2013Referred to the Subcommittee on Environment and the Economy.
- Nov 22, 2013Referred to the Subcommittee on Water Resources and Environment.
- Nov 21, 2013Introduced in House
- Nov 21, 2013Referred to the Committee on Transportation and Infrastructure, and in addition to the Committees on Ways and Means, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Nov 21, 2013Sponsor introductory remarks on measure. (CR E1738)
Subjects
Assigned by the Library of Congress. Policy area: Environmental Protection.
Text 1
Each version as it was printed, newest first.
- Nov 21, 2013Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.