BOARD AGENDA MEMORANDUM
Government Code ? 84308 Applies: Yes ? No ?
(If "YES" Complete Attachment A - Gov. Code ? 84308)
SUBJECT: Title
Adopt Recommended Positions on Federal Legislation: S. 1760 (Curtis) - Restoring WIFIA Eligibility Act of 2025; H.R. 2907 (Stanton) - Save Building Resilient Infrastructure and Communities (Save BRIC) Act; S. 324 (Rosen) - Smarter Weather Forecasting for Water Management, Farming, and Ranching Act of 2025; And Other Legislation That May Require Consideration by the Board.
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RECOMMENDATION: Recommendation
A. Adopt a Position of "Support" on S. 1760 (Curtis) - Restoring WIFIA Eligibility Act of 2025;
B. Adopt a Position of "Support" on H.R. 2907 (Stanton) - Save Building Resilient Infrastructure and Communities (Save BRIC) Act; and
C. Adopt a Position of "Support" on S. 324 (Rosen) - Smarter Weather Forecasting for Water Management, Farming, and Ranching Act of 2025.
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SUMMARY:
A. S. 1760 (Curtis) - Restoring WIFIA Eligibility Act of 2025
Recommended Position: Support
Priority Recommendation: 2
This bipartisan bill would amend the Water Infrastructure Finance and Innovation Act of 2014 (WIFIA) to change the budgetary treatment of financial assistance provided under the WIFIA Program. For nearly a decade, the WIFIA Program at the Environmental Protection Agency has provided long-term, low-interest loans to finance large water infrastructure projects nationwide. Where federal funding for these complex projects is limited, this program has been an important source of federal financing to supplement and leverage state and local funding.
Currently, the WIFIA Program does not allow financing for projects involving federal assets (e.g., a levee in a congressionally authorized project or a Bureau of Reclamation facility that is operated by a local entity), regardless of who operates or manages those assets. Some of these assets are in significant need of repair or rehabilitation yet the operating entities do not hav...
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