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 eligible for funding from $2 million to $3 million. It also introduces a new provision allowing for grants to be made for upgrading water or wastewater facilities aimed at reducing maintenance and operational costs, as well as minimizing 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 issued from the Critical Needs and Failing Systems Sub Account. This legislative change aims to enhance the funding flexibility and support for critical infrastructure projects that address immediate needs in water and wastewater services, thereby improving overall service reliability and efficiency.
Statutes affected: Introduced Version: 31-15A-17c