The House Congressional Ways and Means Committee is scheduled to meet on Friday, February 3, 2012, where discussions are anticipated to be held on whether to exempt water projects from state bond caps.
The benefit of exempting water projects from the state bond cap would be to help cash-strapped communities address safe drinking water and wastewater infrastructure needs by encouraging private capital investment of $5 billion annually, which in turn has the potential to create an estimated 140,000 local jobs and add almost $45 billion to the national economy.
Please contact the Ways and Means Committee Chair, Congressman David Camp, and ask him to support and include in the tax section of the jobs/highway bill a five-year provision of the bipartisan, Davis/Pascrell private activity bond legislation (H.R. 1802).
