Rosie Sanderson

May 15, 2014  |  Today's News

Sometime late next week, we expect that the Water Resources Development Act Conference Committee Report will be voted on in the House and the Senate. This bill includes language that shifts the payment formula on the significantly over budget Olmsted Lock and Dam construction to 85 percent federal and 15 percent Inland Waterways Trust Fund.  The shift frees up IWTF monies for new construction!

This is a win for locks and dams, but a small one.  Serious construction monies aren’t available until we pass an increase in the barge user fee and allocate money for the increased federal portion of Olmsted construction.

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