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Code · STATUTE-COMPILATIONS · Water Resources Reform and Development Act of 2014 · Sec. 5034

Sec. 5034. REPORTS ON PROGRAM IMPLEMENTATION

508 words·~2 min read·/statute-compilations/comps-11481/sec-5034

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## SEC. 5034 REPORTS ON PROGRAM IMPLEMENTATION **[**[33 U.S.C. 3913](/us/usc/t33/s3913)**]** ###
(a)Agency Reporting As soon as practicable after each fiscal year for which amounts are made available to carry out this subtitle, the Secretary and the Administrator shall publish on a dedicated, publicly accessible Internet site— ####
(1)each application received for assistance under this subtitle; and ####
(2)a list of the projects selected for assistance under this subtitle, including— #####
(A)a description of each project; #####
(B)the amount of financial assistance provided for each project; and #####
(C)the basis for the selection of each project with respect to the requirements of this subtitle. ###
(b)Reports to Congress ####
(1)In general Not later than 3 years after the date of enactment of the Water Resources Development Act of 2018, the Comptroller General of the United States shall submit to the Committee on Environment and Public Works of the Senate and the Committee on Transportation and Infrastructure of the House of Representatives a report summarizing for the projects that are receiving, or have received, assistance under this subtitle— #####
(A)the applications received for assistance under this subtitle; #####
(B)the projects selected for assistance under this subtitle, including a description of the projects and the basis for the selection of those projects with respect to the requirements of this subtitle; #####
(C)the type and amount of financial assistance provided for each project selected for assistance under this subtitle; #####
(D)the financial performance of each project selected for assistance under this subtitle, including an evaluation of whether the objectives of this subtitle are being met; #####
(E)the benefits and impacts of implementation of this subtitle, including the public benefit provided by the projects selected for assistance under this subtitle, including, as applicable, water quality and water quantity improvement, the protection of drinking water, and the reduction of flood risk; and #####
(F)an evaluation of the feasibility of attracting non-Federal public or private financing for water infrastructure projects as a result of the implementation of this subtitle. ####
(2)Recommendations The report under paragraph
(1)shall include— #####
(A)an evaluation of the impacts (if any) of the limitation under section 5028(a)(5) on the ability of eligible entities to finance water infrastructure projects under this subtitle; #####
(B)a recommendation as to whether the objectives of this subtitle would be best served— ######
(i)by continuing the authority of the Secretary or the Administrator, as applicable, to provide assistance under this subtitle; ######
(ii)by establishing a Government corporation or Government-sponsored enterprise to provide assistance in accordance with this subtitle; or ######
(iii)by terminating the authority of the Secretary and the Administrator under this subtitle and relying on the capital markets to fund the types of infrastructure investments assisted by this subtitle without Federal participation; and #####
(C)any proposed changes to improve the efficiency and effectiveness of this subtitle in providing financing for water infrastructure projects, taking into consideration the recommendations made under subparagraphs
(A)and (B).
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Sec. 5034
REPORTS ON PROGRAM IMPLEMENTATION
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