Safe Water: Currency for Peace Act of 2005

The Safe Water: Currency for Peace Act of 2005 (S. 492) was designed to expand U.S. foreign assistance programs to improve global access to clean water, sanitation, and hygiene. The bill would have authorized the President to fund infrastructure projects, such as well drilling and water management systems, and established a five-year program to provide loan guarantees for clean water development. Additionally, the legislation prioritized the involvement of American small businesses and cooperatives in these international projects to support economic development both abroad and at home.