SB 494 Wastewater treatment facilities; Virginia Public Building Authority to issue an additional bond.
John C. Watkins | Emmett W. Hanger, Jr. | all patrons    ...    notes
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Summary as passed Senate:

Bond issuance for wastewater treatment facilities and combined sewer overflow projects. Authorizes the Virginia Public Building Authority to issue an additional $378 million in bonds to continue installing nutrient removal technology in eligible wastewater treatment facilities to comply with the Chesapeake Bay TMDL and the Watershed Improvement Plan. These funds would complete projects at facilities under existing signed Water Quality Improvement Fund agreements and at additional eligible facilities that did not receive moneys from the original bonds issued in 2007. A portion of the bond revenues could also be used for combined sewer overflow projects in the Cities of Lynchburg and Richmond. The bill also contains technical amendments.


Summary as introduced:

Bond issuance for wastewater treatment facilities. Authorizes the Virginia Public Building Authority to issue an additional $300 million in bonds to continue installing nutrient removal technology in eligible wastewater treatment facilities to comply with the Chesapeake Bay TMDL and the Watershed Improvement Plan. These funds would complete projects at facilities under existing signed Water Quality Improvement Fund agreements and at additional eligible facilities that did not receive moneys from the original bonds issued in 2007.