摘要: |
Congress is close to approving a key change in an important cost-sharing formula that will make more money available and expedite completion of navigation projects along the inland waterways. Language that would permanently adjust the inland waterways cost share to 75% from general revenue and 25% from the barge industry funded Inland Waterways Trust Fund (IWTF) is included in the Senate version of the 2022 Water Resources and Development Act (WRDA) that passed a Senate committee in May. The new formula would take effect on Oct. 1. However, the version of WRDA that passed the House on May 18 does not include the cost-share change. Once the Senate acts on its bill, it will be up to i House-Senate conference committee to reconcile differences between the two WRDA versions and put forward a final bill. Waterways advocates are hopeful that lawmakers will include the new split. In a July 7 letter to chairmen and ranking members of the House committees that oversee water- ways funding and policy, 75 members of Congress urged inclusion of the provision in the final bill. They wrote that the new cost-share formula "is paramount to ensuring reliable inland waterways transportation and will help the nation address growing concerns regarding supply chain efficiencies and emissions in the transportation sector." |