Water Affordability, Transparency, Equity, and Reliability Act of 2023

The Water Affordability, Transparency, Equity, and Reliability Act of 2023 establishes a new trust fund funded by increasing the corporate tax rate from 21% to 24.5% to support water infrastructure and affordability programs. It allocates funds to clean water programs (42%), safe drinking water funding (42.5%), household water wells (1%), colonias assistance (0.5%), Indian health services (3%), and water operator job training (0.5%). The bill requires the EPA to conduct a study and submit a report on water affordability, discrimination in water services, public participation in regionalization, and data collection related to service disconnections. It includes specific provisions for colonias, household water wells, and job training programs for water system operators to improve water access and equity.