SB 49
Relating to permissible expenditures by Water Development Authority from Infrastructure Fund
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- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill changes how the Water Development Authority can spend money from the Infrastructure Fund. It increases the amount of money that can be transferred to a specific subaccount, raises the maximum cost for projects funded through that subaccount, and allows the authority to provide grants for upgrading water and wastewater facilities to reduce costs and leaks. The goal is to address critical infrastructure needs more effectively.
Key provisions
- Increases the maximum amount that can be transferred to the Critical Needs and Failing Systems Subaccount from $12 million to $14 million.
- Raises the cap on total project costs for projects funded through the Critical Needs and Failing Systems Subaccount to $3 million.
- Allows grants of up to $300,000 for projects that reduce maintenance, operations, or leakage costs in water and wastewater facilities.
- Exempts grants from the Critical Needs and Failing Systems Subaccount from existing grant limitations.
- Directs the Water Development Authority to prioritize projects addressing water or wastewater service continuation, facility failures, or customer additions.
Who is affected
- Water Development Authority
- Local governments (potentially)
- Water and wastewater utilities
- Residents of West Virginia
Notable changes
- Increases funding available for critical infrastructure upgrades.
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