S&P raises potential for water regulatory collaboration bill to raise sector security posture, credit ratings

A House bill to create a “Water Risk and Resilience Organization” is likely to increase credit ratings across the water sector through establishing governance standards and providing resources, according to S&P Global Ratings,

Reps. Rick Crawford (R-AR) and John Duarte (R-CA) introduced a bill in April to establish a coregulatory model for the water sector. The proposed framework is similar to the electric sector, where the North American Electric Reliability Corporation is overseen by the Federal Energy Regulatory Commission....