AAPA Supports Water Resources Development Act
- Business & Finance
In voicing their support for the U.S. House of Representatives passing the 2018 Water Resources Development Act (WRDA), the American Association of Port Authorities (AAPA) yesterday hailed this legislation as providing policy revisions to improve and streamline product delivery in the USACE’s navigation program.
“By approving WRDA 2018 today (June 6th) by a vote of 408 to 2, we commend the House of Representatives for helping ensure that crucial water resources legislation is addressed and passed by Congress on an every-two-year basis,” said AAPA President and CEO Kurt Nagle.
“The House bill passed today continues the trend of streamlining maritime infrastructure improvements by expediting evaluations, enabling timely decisions and providing greater funding flexibilities, as well as authorizing new projects.”
“Looking ahead, we will continue working with both chambers of Congress to include additional provisions to WRDA 2018 to ensure that all of the federal harbor maintenance taxes collected are fully spent each year so there’s continued availability and competitiveness of our nation’s harbors.”
Recently, AAPA’s U.S.-member port authorities reached a long-term industry agreement on the future spending of federal harbor maintenance taxes, which are levied on the value of seaborne imports into the U.S. and on domestic, port-to-port transfers of cargo.
Implementing AAPA’s industry agreement will provide economic and jobs benefits to ports nationwide, and help drive the economy forward, said the organization in its release.