The bill amends and reenacts specific sections of the Louisiana Revised Statutes related to the Water Sector Program, specifically R.S. 39:100.52 and R.S. 39:100.56. It creates two new subfunds within the Water Sector Fund: the Phase II Subfund and the Emergency Subfund. The Phase II Subfund will be used for grant funding aimed at repairs, improvements, and consolidation of community water and sewer systems, while the Emergency Subfund will provide emergency grant funding for urgent issues related to these systems. The bill also removes an outdated reference to a previous transfer of funds and establishes new requirements for grant recipients, including the necessity of rate studies and matching funds, unless waived by the Water Sector Commission.

Additionally, the bill outlines the authority of the Water Sector Commission and the division of administration in managing the Water Sector Program. It mandates the development of guidance for the program's administration, which includes application requirements, deadlines, and criteria for funding prioritization. The bill emphasizes the need for prior approval from the Water Sector Commission and the Joint Legislative Committee on the Budget for expenditures from the fund, ensuring a structured approach to grant distribution and oversight. Overall, the legislation aims to enhance the effectiveness and responsiveness of the Water Sector Program in addressing the needs of Louisiana's water and sewer systems.

Statutes affected:
SB64 Original: 39:52(A), 39:56(D)(1)
SB64 Engrossed: 39:52(A), 39:56(D)(1), 39:56(N)
SB64 Enrolled: 39:52(A), 39:56(D)(1)
SB64 Act 497: 39:52(A), 39:56(D)(1)