This is not proposed yet, but let me be the first to say "I told you so" when it happens.
http://en.wikipedia.org/wiki/Water_privatization
Globally, more than 90% of water and sanitation systems are publicly owned and operated. The privatization of the water industry is already trillion dollar industry. Think bottled water. Prepare to pay more for less to a private monopoly that puts profit over service. Past and current water privatization proposals have even denied peoples' rights to collect rain water on their property.
Why do I think this could happen? The ALEC "State Budget Toolkit" promotes privitization of water services [and other things like state parks and roads].
http://www.alec.org/AM/Template.cfm?Section=State_Budget_Reform_Toolkit&Template=/CM/HTMLDisplay.cfm&ContentID=15218
PS: Sorry for the delay. To say I'm running out of steam would be an exaggeration; I just can't keep up at the previous pace.
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