Support Removal of Water & Wastewater from Under the Private Activity Bond Volume Cap
Private activity bonds (PABs) encourage state and municipal governments to collaborate with private partners, making infrastructure repair and construction more affordable for municipalities and ultimately for users or customers.
The annual volume cap on PABs hinders their use for water and wastewater infrastructure. In 2007, only 1.3% of all PABs were issued to water and wastewater projects.
Other governmentally owned facilities such as airports, ports, housing, high-speed intercity rail, and solid waste disposal sites are exempted from the volume cap.
Contact your elected officials to cosponsor the Sustainable Water Infrastructure Investment Act which will help finance local water and wastewater projects by unlocking private capital.
Elected officials rarely respond to correspondence from non-constituents.
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