Drinking water fund. Authorizes owners of drinking water systems, whether they are local governments or individuals, partnerships or corporations, access to funds in the Virginia Water Supply Revolving Fund. Currently, under state law only local governments may receive loans or grants from the Fund. Under newly adopted amendments to the federal Safe Drinking Water Act, a state may provide broader access to its revolving loan fund. Other changes in language are made to conform the state's revolving loan statute to federal requirements.
The bill clarifies the relationship between the State Board of Health and the Virginia Resources Authority (VRA) with respect to administration of the Fund. The Board (i) may require status reports from VRA and (ii) is to reimburse VRA for its reasonable costs and expenses and approve a fee for VRA's management services. The Authority is directed to adopt policies that minimize the cost of their professional services with respect to the processing of loan applications and the financing of drinking water projects.Full text:
01/20/97 House: Presented & ordered printed 972708813 pdf
01/20/97 House: Presented & ordered printed 972708813
01/20/97 House: Referred to Committee on Conservation and Natural Resources
01/29/97 House: No action taken by Conservation and Natural Resources by voice vote
01/29/97 House: Incorporated in other legislation (HB2739, Phillips)