Sec. 4. Incentives for the purchase of WaterSense products
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/bill/117/hr/5438/ih/section-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Administrator shall establish a program to provide grants to eligible entities to provide incentives to covered consumers for the purchase of a WaterSense product. To be eligible to receive a grant under this section, an eligible entity shall— submit an application to the Administrator at such time, in such form, and containing such information as the Administrator may require; and provide assurances, which the Administrator determines are satisfactory, that the eligible entity will use such grant to supplement, but not supplant, other incentives that are available to a covered consumer for the purchase of a WaterSense product.
In evaluating an application submitted under subsection (b)(1), the Administrator shall consider— the estimated effect of providing incentives; if the eligible entity previously received a grant under this section— the degree to which the use of such grant encouraged the purchase of WaterSense products; and whether there are amounts of such grant that remain unused; and whether the eligible entity promotes or implements a program to recycle or manage the disposal of any products that are replaced as a result of the provision of incentives under this section.
The Administrator shall prioritize providing grants under this section to eligible entities that will provide incentives to low- and middle-income households. An eligible entity that receives a grant under this section shall— use such grant to provide incentives to covered consumers that purchase a WaterSense product; or with approval from the Administrator, provide some, or all, of such grant to another eligible entity for use in accordance with subparagraph (A). Not more than 50 percent of each grant provided under this section may be used to pay for the administrative cost of providing incentives in accordance with paragraph (1).
With respect to rebates, vouchers, and other such financial incentives, an eligible entity shall determine the amount to provide based on the following: The amount of the grant provided to the eligible entity under this section. The amount of any other incentives that are available to a covered consumer for the purchase of a WaterSense product. The estimated amount necessary to encourage a covered consumer to purchase a WaterSense product. As applicable, the costs to a covered consumer for onsite preparation, assembly, and installation of a WaterSense product.
There are authorized to be appropriated to carry out this section— $50,000,000 for fiscal year 2022; $100,000,000 for fiscal year 2023; $150,000,000 for fiscal year 2024; $100,000,000 for fiscal year 2025; and $50,000,000 for fiscal year 2026.