This bill amends the Code of West Virginia to modify the permissible expenditures by the Water Development Authority from the Infrastructure Fund, specifically concerning the Critical Needs and Failing Systems Sub Account. It raises the upper limit of funds that can be transferred to this sub account from $12 million to $14 million. Additionally, the bill increases the cap on total project costs for certain water and wastewater facility projects from $2 million to $3 million. It also introduces a new provision allowing for infrastructure grant money to be allocated for upgrading water or wastewater facilities aimed at reducing maintenance costs, operational costs, or waterline leakages, with a total project cost limit set at $300,000.
Furthermore, the bill clarifies that grant limitations and allocations specified in sections 31-15A-10(b) and 31-15A-10(c) do not apply to grants made from the Critical Needs and Failing Systems Sub Account. This legislative change aims to enhance the funding flexibility and support for critical water and wastewater infrastructure projects in West Virginia, addressing immediate needs and improving service reliability.
Statutes affected: Introduced Version: 31-15A-17c