This bill amends the Code of West Virginia to enhance the funding capabilities of the Water Development Authority from the Infrastructure Fund, specifically through the Critical Needs and Failing Systems Sub Account. It raises the maximum amount 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 eligible for funding from $2 million to $3 million.

Furthermore, the bill introduces provisions that allow the Water Development Authority to grant infrastructure funds for projects aimed at upgrading water and wastewater facilities to reduce maintenance and operational costs, as well as to minimize waterline leakages, with a new project cost limit set at $300,000. The bill also clarifies that existing grant limitations and allocations do not apply to grants made from this specific sub account, thereby providing more flexibility in addressing critical infrastructure needs.

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