Clean Water SRF Parity Act
This bill expands the state revolving fund established under the Clean Water Act, including by allowing low-interest loans to be given to privately owned treatment works to address wastewater. Currently, loans are given to wastewater systems that are publicly owned.
To amend the Federal Water Pollution Control Act to make certain 
projects and activities eligible for financial assistance under a State 
    water pollution control revolving fund, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Clean Water SRF Parity Act''.

SEC. 2. PROJECTS AND ACTIVITIES ELIGIBLE FOR ASSISTANCE.

    Section 603 of the Federal Water Pollution Control Act (33 U.S.C. 
1383) is amended--
            (1) in subsection (c)--
                    (A) in paragraph (11)(B) by striking ``and'' at the 
                end;
                    (B) in paragraph (12)(B) by striking the period at 
                the end and inserting ``; and''; and
                    (C) by adding at the end the following:
            ``(13) to any qualified nonprofit entity, as determined by 
        the Administrator, to provide assistance for the construction 
        or acquisition of, or improvements to, a treatment works, or 
        for any other activity described in paragraphs (1) through 
        (10).'';
            (2) in subsection (i)(3), by adding at the end the 
        following:
                    ``(E) Certain activities ineligible.--A State may 
                not provide additional subsidization under this 
                subsection to a qualified nonprofit entity for 
                assistance described in subsection (c)(13) or to the 
                owner or operator of a privately owned treatment works 
                for assistance described in subsection (k).''; and
            (3) by adding at the end the following:
    ``(k) Special Rule for Privately Owned Treatment Works.--
            ``(1) In general.--In any fiscal year for which the total 
        amount appropriated to carry out this title exceeds 
        $1,638,826,000, any such amounts appropriated in excess of 
        $1,638,826,000 for such fiscal year may be used to provide 
        financial assistance under this section to the owner or 
        operator of a privately owned treatment works for--
                    ``(A) improvements to such privately owned 
                treatment works;
                    ``(B) the construction of, or improvements to, 
                another privately owned treatment works;
                    ``(C) measures to reduce the demand for privately 
                owned treatment works capacity through water 
                conservation, efficiency, or reuse;
                    ``(D) measures to reduce the energy consumption 
                needs for privately owned treatment works;
                    ``(E) measures to increase the security of 
                privately owned treatment works; and
                    ``(F) any other activity described in paragraphs 
                (1) through (10) of subsection (c).
            ``(2) Limitation.--Financial assistance may only be 
        provided under this subsection to the owner or operator of a 
        privately owned treatment works for activities described in 
        paragraph (1) that primarily and directly benefit the 
        individuals or entities served by the privately owned treatment 
        works, and not the shareholders or owners of the treatment 
        works, as determined by the instrumentality of the State 
        responsible for administering the water pollution control 
        revolving fund through which such financial assistance is 
        provided.''.
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Clean Water SRF Parity Act
To amend the Federal Water Pollution Control Act to make certain projects and activities eligible for financial assistance under a State water pollution control revolving fund, and for other purposes.
Clean Water SRF Parity Act
Rep. Garamendi, John