Sec. 10002. Purposes
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The purpose of this title is to establish a pilot program to assess the ability of innovative financing tools to— promote increased development of critical water resources infrastructure by establishing additional opportunities for financing water resources projects that complement but do not replace or reduce existing Federal infrastructure financing tools such as the State water pollution control revolving loan funds established under title VI of the Federal Water Pollution Control Act ( 33 U.S.C. 1381 et seq. ) and the State drinking water treatment revolving loan funds established under section 1452 of the Safe Drinking Water Act ( 42 U.S.C. 300j–12 ); attract new investment capital to infrastructure projects that are capable of generating revenue streams through user fees or other dedicated funding sources; complement existing Federal funding sources and address budgetary constraints on the Corps of Engineers civil works program and existing wastewater and drinking water infrastructure financing programs; leverage private investment in water resources infrastructure; align investments in water resources infrastructure to achieve multiple benefits; and assist communities facing significant water quality, drinking water, or flood risk challenges with the development of water infrastructure projects.
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- 42 USC 300j–12
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