,i #aacth ,,congress #ast ,session ,h4 ,r4 #cehb ,,in ,,the ,,house ,,of ,,representatives ,november #ba1 #bjac,mr4 ,blumenauer 7for himself1 ,mr4 ,hanna1 ,mr4 ,petri1 ,mr4 ,duncan of ,tennessee1 ,mr4 ,whitfield1 ,mr4 ,moran1 ,mr4 ,bishop of ,new ,york1 and ,ms4 ,edwards7 introduced the following bill2 which was referred to the ,committee on ,transportation and ,infrastructure1 and in addition to the ,committees on ,ways and ,means and ,energy and ,commerce1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to establish a ,water ,infrastructure ,investment ,trust ,fund1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,water ,trust ,fund ,act of #bjac4 #b4 ,establishment and funding of ,water ,infrastructure ,investment ,trust ,fund 7a7 ,water ,infrastructure ,investment ,trust ,fund 7#a7 ,in general ,subchapter ,a of chapter #ih of the ,internal ,revenue ,code of #aihf 7relating to establishment of trust funds7 is amended by adding at the end the following new section3 #ieab4 ,water ,infrastructure ,investment ,trust ,fund 7a7 ,creation of trust fund ,there is established in the ,treasury of the ,united ,states a trust fund to be known as the ,water ,infrastructure ,investment ,trust ,fund1 consisting of such amounts as may be appropriated or credited to such fund as provided in this section or section #ifjb7;b74 7b7 ,transfers to trust fund ,there are hereby appropriated to the ,water ,infrastructure ,investment ,trust ,fund amounts equivalent to the fees received in the ,treasury before ,january #a1 #bjai1 under section #b7;b7 of the ,water ,infrastructure ,investment ,act of #bjac4 7c7 ,expenditures ,except as provided by subsection 7d71 amounts in the ,water ,infrastructure ,investment ,trust ,fund shall be available1 without further appropriation1 as follows3 7#a7 #he percent of the amounts shall be available to the ,administrator of the ,environmental ,protection ,agency for making capitalization grants under section #fja of the ,federal ,water ,pollution ,control ,act 7#cc ,u4,s4,c4 #acgg74 7#b7 #ae percent of the amounts shall be available to the ,secretary of the ,treasury for carrying out the innovative financing program established under section #c of the ,water ,infrastructure ,investment ,act of #bjac4 7d7 ,limitation on expenditures ,amounts in the ,water ,infrastructure ,investment ,trust ,fund may not be made available for a fiscal year unless the funds appropriated to the ,clean ,water ,state ,revolving ,fund through annual capitalization grants is not less than the average of the annual amounts provided in capitalization grants under section #fja of the ,federal ,water ,pollution ,control ,act 7#cc ,u4,s4,c4 #acha7 for the #e-;fiscal-year period immediately preceding such fiscal year4 4 7#b7 ,clerical amendment ,the table of sections for subchapter ,a of chapter #ih of such ,code is amended by adding at the end the following new item3 ,sec4 #ieab4 ,water ,infrastructure ,investment ,trust ,fund4 4 7b7 ,voluntary labeling system 7#a7 ,in general ,the ,secretary of the ,treasury1 in consultation with the ,administrator of the ,food and ,drug ,administration1 manufacturers1 producers1 and importers1 shall develop and implement a program under which the ,secretary provides a label designed in consultation with manufacturers1 producers1 and importers suitable for placement on products to inform consumers that the manufacturer1 producer1 or importer of the product1 and other stakeholders1 participates in the ,water ,infrastructure ,investment ,trust ,fund and is contributing to ,america's clean water4 7#b7 ,fee ,the ,secretary shall provide a label for a fee of three cents per unit4 ,amounts received by the ,secretary shall be deposited in the general fund of the ,treasury4 7c7 ,effective date ,the amendments made by this section shall apply to taxable years beginning after the date of the enactment of this ,act4 #c4 ,establishment of innovative financing program 7a7 ,in general ,the ,secretary of the ,treasury shall establish an innovative financing program to make financial assistance available for projects eligible under section #fjc7;c7 of the ,federal ,water ,pollution ,control ,act 7#cc ,u4,s4,c4 #achc7;c774 7b7 ,use of ,,tifia program as model ,the ,secretary shall model the program after the ,transportation ,infrastructure ,finance and ,innovation ,act of #aiih 7,,tifia7 program established in chapter #f of title #bc1 ,united ,states ,code4 7c7 ,funding ,the ,secretary shall carry out this section using funds made available for that purpose out of the ,water ,infrastructure ,investment ,trust ,fund4