Date: January 02, 2020
In 1990, the WateReuse Association was established in California with the goals of advancing laws, policy, and funding to increase...
Date: October 06, 2017
This week, House and Senate Republicans continued legislative efforts to move toward completing a package of tax reforms with only Republican support by adopting a Fiscal Year 2018 Budget Resolution in both chambers containing specific budget reconciliation instructions. The House of Representatives passed a budget resolution along party lines on Thursday, while the Senate Budget Committee passed its proposal Friday. Under the Budget Reconciliation process, a tax reform package could be enacted with only a simple majority of Senators supporting it, if both chambers adopt a Budget Resolution containing budget reconciliation instructions. Republicans are working toward adopting a tax reform package that would not need support from Democrats.
Two weeks ago, the Trump Administration and Congressional Republicans released a framework for a tax reform package that would reduce the corporate tax rate and eliminate several tax deductions, including, potentially, elimination of the deduction for investment income received from municipal bonds. The proposed framework lays out four key principles or goals that a final tax package would need to accomplish in order to win support from the Administration, including making the tax code simpler, fairer and easier to understand; providing middle-class tax relief; discouraging jobs from going overseas; and, repatriating trillions of corporate tax dollars to reinvest in the American economy.
According to a study released earlier this year by the Association of Metropolitan Water Agencies and the National Association of Clean Water Agencies, municipalities issued nearly $38 billion in municipal bonds for investments in water and wastewater infrastructure in 2016. The WateReuse Association is urging Congress to maintain the tax-exempt status for income earned on investments in municipal bonds and members are encouraged to reach out to their Congressional delegation to voice their support for maintaining the exemption.
Date: December 17, 2019
On Monday, December 16, the House and Senate released final, agreed-upon legislation to fund the government for the remainder of...
Date: December 17, 2019
On Monday, December 16, the WateReuse Association submitted comments to the U.S. Environmental Protection Agency (EPA) on the draft National...
WateReuse is the only trade association that focuses solely on advancing laws, policy and funding to increase water reuse. Our niche strategy sets us apart from other organizations in the water industry.