PRINTER'S NO. 1612
No. 1382 Session of 2001
INTRODUCED BY HANNA, BELARDI, BELFANTI, CORRIGAN, COY, DALEY,
GEORGE, GRUCELA, HORSEY, LAUGHLIN, MICHLOVIC, SHANER,
SOLOBAY, STEELMAN AND YOUNGBLOOD, APRIL 23, 2001
REFERRED TO COMMITTEE ON ENVIRONMENTAL RESOURCES AND ENERGY,
APRIL 23, 2001
AN ACT
1 Amending the act of March 1, 1988 (P.L.82, No.16), entitled "An
2 act providing for the establishment, implementation and
3 administration of the Pennsylvania Infrastructure Investment
4 Authority; imposing powers and duties on a board of trustees;
5 transferring the rights, powers, duties and obligations of
6 the Water Facilities Loan Board to the Pennsylvania
7 Infrastructure Investment Authority; providing for the
8 issuance of notes and bonds; providing for financial
9 assistance and for a comprehensive water facilities plan;
10 authorizing a referendum to incur indebtedness; making an
11 appropriation; and making repeals," further providing for
12 authority revenue.
13 The General Assembly of the Commonwealth of Pennsylvania
14 hereby enacts as follows:
15 Section 1. Section 5(c) of the act of March 1, 1988 (P.L.82,
16 No.16), known as the Pennsylvania Infrastructure Investment
17 Authority Act, is amended by adding a paragraph to read:
18 Section 5. Revenues of authority.
19 * * *
20 (c) General fund and other separate funds or accounts.--
21 * * *
22 (2.1) The board shall establish a Drinking Water
1 Revolving Fund administered in accordance with the
2 requirements of the Safe Drinking Water Act Amendments of
3 1996 (Public Law 104-182, 110 Stat. 1613). The following
4 apply:
5 (i) All revenue in the fund shall be used solely for
6 drinking water projects on the department's priority
7 list. Separate accounting is required.
8 (ii) The fund may receive Federal grants. Grants
9 under this subparagraph shall be restricted as follows:
10 (A) Four percent shall be used for
11 administration of the fund.
12 (B) Two percent shall be used to provide
13 technical assistance to small water supply systems.
14 (C) Ten percent shall be used to:
15 (I) administer the public water supply
16 supervision program;
17 (II) provide technical assistance through a
18 source water protection program;
19 (III) develop a capacity development
20 strategy to ensure that water supply systems have
21 the technical, managerial and financial ability
22 to operate; and
23 (IV) administer an operator certification
24 program.
25 (D) Fifteen percent shall be used to:
26 (I) acquire land or a conservation easement
27 for source water protection;
28 (II) implement voluntary source water
29 protection measures;
30 (III) delineate and assess source water
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1 protection areas;
2 (IV) establish wellhead protection programs;
3 and
4 (V) develop a project under clause (C)(III).
5 (iii) The fund may receive State matching funds
6 equal to at least 20% of the Federal grants, principal
7 and interest on loan repayments and revenue transferred
8 from other revolving funds under this act.
9 (iv) The fund may be used as follows:
10 (A) To make loans.
11 (B) Notwithstanding section 10(m), to purchase
12 or refinance local government debt.
13 (C) To purchase or secure local government bond
14 insurance.
15 (D) To do other things permitted by the Safe
16 Drinking Water Act Amendments of 1996.
17 * * *
18 Section 2. This act shall take effect in 60 days.
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