Rep. Ken Buck introduces bill designed to make it easier for rural water providers to invest in infrastructure
January 13, 2017
In The News
Rep. Ken Buck, R-Colo., introduced a bill Friday designed to make it easier for rural water providers to invest in infrastructure.
The measure, H.R. 519, known as the Water and Agriculture Tax Reform Act — or WATER Act — of 2017, would permit mutual water and storage delivery companies to retain their nonprofit status even if they receive more than 15 percent of their revenue from nonmember sources, according to a news release from Buck’s office.