I remind the gentleman that under the current State revolving funds the States already have the flexibility to address nonpoint source matters. So what we are doing is really redundant and provides less flexibility for States, potentially supplies less flexibility.
Discussing the flexibility of State revolving funds in relation to nonpoint source matters.
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I would tell the gentleman in all sincerity that I am prepared to do that and would do it willingly, that I participated in a number of the tax shelters that the Congresses in the past created that were a total disaster, and I would have…
I would just say that I have not seen the amendment yet. I look forward to reading it here in just a second. But I would just say that in my mind what I see this doing is what the gentleman is saying, is that we are not asking for one…
Absolutely it was on the advice of counsel, to take advantage of the tax loopholes and shelters and everything else that have been created in Congresses past.
I also am concerned that the provision only mentions State law and does not mention Federal law, and I hope that the provision can be modified to make it clear that purchasers of these systems have to comply with relevant Federal law, such…
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