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HomeMy WebLinkAboutItem 4 PPP 07-13-2020 LaPA Comm_ENSORANGE COUNTY SANITATION DISTRICT LAPA UPDATE Presented By: Eric Sapirstein ENS Resources, Inc. July 13, 2020 Key Legislative Activities Infrastructure Assistance Fiscal Year 2021 Appropriations COVID-19 Relief (HEROES Act) •House passes Moving Forward Act, H.R. 2 •$40 billion Clean Water SRF, $1 Billion Water Recycling •Restoration of Build America Bonds, Advanced Refunding of Bonds, Water and Wastewater provides Private Activity Bonds State Volume Cap Exemption •Rep. Rouda secures new grants program for smart water technologies with OCSD support •House on track to approve all spending bills by August 1 •USEPA spending decisions reflect H.R. 2 funding, providing $8 billion for clean water SRF, $400 million for stormwater controls and; •Interior spending for water smart (water recycling) provides $300 million •Passed House/pending in Senate —$3Trillion Package •Provides assistance to local governments •Tax credits for mandatory paid leave •Ratepayer assistance •Pay for essential workers •Federal Reserve assistance to purchase bonds Page 2 Questions Page 3