The Water Resources Reform and Development Act of 2013, H.R. 3080, is slated for House floor action today. WRRDA sets target expenditures from the Harbor Maintenance Trust Fund, increasing each year so that by fiscal 2020 and beyond, no less than 80 percent of the funds collected go to operation and maintenance activities. In addition, the bill reforms and preserves the Inland Waterways Trust Fund. It also alleviates strain on the IWTF by reducing the IWTF’s support for the Olmsted Lock and Dam project to a cost share of 25 percent, instead of the current 50/50 approach.
Passage of a WRRDA bill is a strategic action issue for Farm Bureau. In May, the Senate passed its version of the legislation, the Water Resources Development Act, S. 601, on an 83-14 vote. Read more on the FBNews website.