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Senate approves $12.3 billion water bill
Besides authorizing projects, the bill makes changes to how future projects can seek funding and sets specific time and cost limits for studies on potential projects. It eliminates unnecessary Army Corps of Engineers reviews and speeds up environmental reviews for potential projects.
The bill also increases spending from the Harbor Maintenance Trust Fund to pay for improvements to ports, and creates a five-year pilot program to provide loans and loan guarantees for various projects.
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