This bill amends the Code of West Virginia to modify the permissible expenditures by the Water Development Authority from the Infrastructure Fund, specifically through 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 facilities 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 capabilities of the Water Development Authority to address critical infrastructure needs effectively and support the improvement of water and wastewater services across West Virginia.

Statutes affected:
Introduced Version: 31-15A-17c