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Code · BILL · 116th Congress · H.R. 2 (Engrossed in House) — To authorize funds for Federal-aid highways, highway safety programs, and transit programs, and for other purposes. · Sec. 22110

Sec. 22110. Water pollution control revolving loan funds

255 words·~1 min read·/bill/116/hr/2/eh/section-22110

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Section 603(i) of the Federal Water Pollution Control Act ( 33 U.S.C. 1383(i) ) is amended— in paragraph (1)— in the matter preceding subparagraph (A), by striking , including forgiveness of principal and negative interest loans and inserting (including in the form of forgiveness of principal, negative interest loans, or grants) ; and in subparagraph (A)— in the matter preceding clause (i), by striking in assistance ; and in clause (ii)(III), by striking to such ratepayers and inserting to help such ratepayers maintain access to wastewater and stormwater treatment services ; and by amending paragraph
(3)to read as follows: A State may use for providing additional subsidization in a fiscal year under this subsection an amount that does not exceed the greater of— 30 percent of the total amount received by the State in capitalization grants under this title for the fiscal year; or the annual average over the previous 10 fiscal years of the amounts deposited by the State in the State water pollution control revolving fund from State moneys that exceed the amounts required to be so deposited under section 602(b)(2). For each of fiscal years 2021 through 2025, to the extent there are sufficient applications for additional subsidization under this subsection that meet the criteria under paragraph (1)(A), a State shall use for providing additional subsidization in a fiscal year under this subsection an amount that is not less than 10 percent of the total amount received by the State in capitalization grants under this title for the fiscal year. .
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Sec. 22110
Water pollution control revolving loan funds
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