Water Quality Improvement Act Of 1970

Dictionary Says

Definition of 'Water Quality Improvement Act Of 1970 '

Legislation that expanded the federal government's authority over water quality standards and water polluters. The Water Quality Improvement Act Of 1970 grew out of the 1948 Federal Water Pollution Control Act and placed additional limits on the discharge of oil into water where it could damage human health, marine life, wildlife or property. The act also included a number of other provisions intended to reduce water pollution. Federal regulation of water pollution dates back to 1886, when the River and Harbor Act was signed into law.

Investopedia Says

Investopedia explains 'Water Quality Improvement Act Of 1970 '

Potential accidental water polluters can protect themselves from the liabilities they face under federal water regulations by purchasing marine pollution insurance. This insurance covers losses such as cleanup, damage to natural resources, legal defense and civil penalties. Mobile drilling units, cargo owners and operators, ship yards, and marina owners and operators are examples of businesses that can benefit from having this type of insurance coverage.

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