AAPA Welcomes U.S. House Passage of WRRDA
- Business & Finance
Citing it as a major victory for ports, the American Association of Port Authorities is hailing passage in the U.S. House of H.R. 3080, the Water Resources Reform and Development Act (WRRDA).
AAPA President and CEO Kurt Nagle noted that this legislation “is a major victory for ports as it includes numerous AAPA policy priorities, including the need to modernize cost-share requirements and set a path to full use of the Harbor Maintenance Tax (HMT).”
Another aspect of the bill provides more equity for HMT donor ports. The bill allows for expanded uses when spending increases and authorizes a separate program for HMT donor and energy ports.
Press Release, May 21, 2014