H.R.132 - Western Water Accelerated Revenue Repayment Act (119th Congress)
Summary
H.R. 132, the Western Water Accelerated Revenue Repayment Act, seeks to amend the Water Infrastructure Improvements for the Nation Act (WIIN Act) to extend certain contract prepayment authority. Specifically, it modifies sections related to offsets, water storage accounts, and prepayment authority. The bill was introduced in the House of Representatives by Ms. Boebert and referred to the Committee on Natural Resources.
Expected Effects
The bill aims to accelerate revenue repayment for water infrastructure projects in the Western United States. This could lead to faster completion of projects and potentially reduce long-term costs. The extension of prepayment authority allows water users to pay off their obligations sooner, which could free up federal funds for other water-related initiatives.
Potential Benefits
- Faster completion of critical water infrastructure projects in the West.
- Potential reduction in the overall cost of these projects through accelerated repayment.
- Increased flexibility for water users to manage their financial obligations.
- Frees up federal funds for other water-related initiatives.
- Could improve water security and reliability in the Western states.
Potential Disadvantages
- Potential for unintended consequences related to the allocation of funds within the General Reclamation Fund.
- May disproportionately benefit certain water users or projects over others.
- Could create administrative complexities in managing prepayment contracts.
- The accelerated repayment might strain the financial resources of some water districts.
- Possible reduction in oversight and accountability due to the expedited nature of the repayment process.
Constitutional Alignment
The bill appears to align with the General Welfare Clause (Article I, Section 8) of the Constitution, which allows Congress to provide for the general welfare of the United States. By improving water infrastructure, the bill could promote economic development and improve the quality of life for residents in the Western states. The bill does not appear to infringe upon any specific constitutional rights or limitations.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).