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 projects eligible for funding from $2 million to $3 million. It also introduces a new provision allowing the authority to grant infrastructure funds for projects aimed at upgrading water or wastewater facilities to reduce maintenance and operational costs, as well as waterline leakages, with a total project cost limit of $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