District of Columbia Water and Sewer Authority Act of 1996

[AI summary unavailable — showing source text] District of Columbia Water and Sewer Authority Act of 1996 - Amends the District of Columbia Self-Government and Governmental Reorganization Act to authorize the District of Columbia Council to issue revenue bonds, notes, and other obligations to borrow money to finance water and sewer facilities (defined as facilities for the obtaining, treatment, storage, and distribution of water, the collection, storage, treatment, and transportation of wastewater, storm drainage, and the disposal of liquids and solids resulting from treatment). Allows water and sewer enterprise fund revenues, assets, or other property to be used as payments and security for obligations issued with respect to water and sewer facilities. Permits the D.C. Council to delegate to the District of Columbia Water and Sewer Authority the authority to issue obligations to finance utilities facilities, pollution control facilities, and water and sewer facilities. Provides that such obligations issued by the Authority shall be issued by resolution of the Authority and not by an act of the Council. Makes provisions requiring congressional approval before amounts may be obligated or expended by District government employees…