Rep. McNerney Applauds Water Infrastructure Fix in Passage of Highway Transportation Bill

Press Release

Rep. Jerry McNerney (CA-09) today applauded the U.S. House passage of the FAST Act that included a provision that strikes the prohibition barring municipalities from using tax exempt bonds toward Water Infrastructure Finance and Innovation Act (WIFIA) projects. Last week, Rep. McNerney and Rep. Carlos Curbelo (FL-26) led their House colleagues in a bipartisan letter urging that this provision be included in the final highway-transportation bill language.

"Lifting the tax-exempt municipal bond ban for WIFIA projects is a significant win and represents a long overdue investment in America's crumbling infrastructure that will benefit millions of Americans. Critical repairs to our aging water infrastructure would help us to better manage water shortages and respond to drought conditions that put pressure on our water supply," said Rep. McNerney. "This fix will also benefit the economy through the hundreds of thousands of jobs created in building these water infrastructure projects. I applaud Rep. Curbelo for his efforts to lift this ban so that communities across the nation have access to safe, clean drinking water."

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