Posted on December 23, 2020
WASHINGTON (December 22, 2020) – Dredging Contractors of America (DCA) praised Congressional passage of the Water Resources Development Act (WRDA) of 2020 as part of the FY 2021 omnibus spending bill and urged President Trump to sign it into law. DCA CEO Richard Balzano made the following statement in support of WRDA’s passage:
“For the first time, WRDA will open the Harbor Maintenance Tax Trust Fund (HMTF) for its intended purpose: the dredging of U.S. harbors, which keeps America’s ports operating safely and efficiently, and our economy growing. DCA, its members, and its longstanding coalition are proud to have led the fight for this reform campaign since 2014.
“Starting in Fiscal Year 2023, HMTF’s uses will be expanded, however the Congress will be able to tap into its$10 billion budget surplus. DCA is grateful to all our members and partners who helped us achieve this long-awaited goal. We are particularly thankful to the members of the House and Senate and their staffs who worked with us to get this done.”
About DCA: DCA is the national trade association whose members are leading providers of dredging services for navigation, coastal protection, environmental restoration and shoreline resilience in the U.S.