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 The bill also removes an outdated reference to a previous transfer of funds and establishes new requirements for grant recipients, including the necessity of rate studies and matching funds,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 funds and grants. It mandates that the commission must approve any expenditures from the funds, and it sets forth guidance requirements for the administration of the program, including application processes and criteria for funding. The bill emphasizes the need for prioritizing critical infrastructure needs and ensuring that small water and sewer systems receive adequate support. Overall, the legislation aims to enhance the management and distribution of funds for water and sewer system improvements in Louisiana.

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)