Water Technology Acceleration Act
A BILL
To establish an innovative water technology grant program and to amend the Safe Drinking Water Act and the Federal Water Pollution Control Act to encourage the use of emerging and innovative water technology, and for other purposes.
Sec. 2 Innovative water technology grant program
Sec. 3 Innovation in drinking water State revolving loan funds
“(A) In general—Notwithstanding”
“(B) Innovative water technology—In the case of any additional subsidization provided pursuant to subparagraph (A) to carry out a project to deploy an emerging or innovative water technology described in section 2(c)(1) of the Water Technology Acceleration Act (including technologies to improve water treatment to ensure compliance with this title and technologies to identify and mitigate sources of drinking water contamination, including lead contamination), any provided forgiveness of principal may not exceed an amount equal to 50 percent of the cost of the portion of the project associated with the emerging or innovative water technology.”
“(A) In general—For each fiscal year”
“(B) Innovative water technology—For each fiscal year, of the loan subsidies made by a State pursuant to paragraph (1), not more than 20 percent may be used to provide additional subsidization described in subparagraph (B) of that paragraph.”
“(s) Technical assistance—The Administrator may provide technical assistance to facilitate and encourage the provision of financial assistance for the deployment of emerging or innovative water technologies described in section 2(c)(1) of the Water Technology Acceleration Act.
“(t) Report—Not later than 1 year after the date of enactment of the Water Technology Acceleration Act, and not less frequently than every 5 years thereafter, the Administrator shall submit to Congress a report that describes—
“(1) the amount of financial assistance provided by State loan funds to deploy emerging or innovative water technologies described in section 2(c)(1) of such Act;
“(2) the barriers preventing greater use of such emerging or innovative water technologies; and
“(3) the cost-saving potential to cities and future infrastructure investments from such emerging or innovative water technologies.”
Sec. 4 Innovation in State water pollution control revolving loan funds
“(j) Technical assistance—The Administrator may provide technical assistance to facilitate and encourage the provision of financial assistance for the deployment of emerging or innovative water technologies described in section 2(c)(1) of the Water Technology Acceleration Act.
“(k) Report—Not later than 1 year after the date of enactment of the Water Technology Acceleration Act, and not less frequently than every 5 years thereafter, the Administrator shall submit to Congress a report that describes—
“(1) the amount of financial assistance provided by State water pollution control revolving funds to deploy emerging or innovative water technologies described in section 2(c)(1) of such Act;
“(2) the barriers preventing greater use of such emerging or innovative water technologies; and
“(3) the cost-saving potential to cities and future infrastructure investments from such emerging or innovative water technologies.”