Establishes the Municipal Water Infrastructure Sustainability Fund to support municipal water and wastewater systems.
Illinois HB5280 creates the Municipal Water Infrastructure Sustainability Fund within the State Finance Act. This fund will provide dedicated financial support to municipal water and wastewater systems, enabling them to make necessary capital repairs, upgrades, and improvements. The goal is to preserve public ownership and prevent privatization due to unaffordable infrastructure costs. The Environmental Protection Agency will manage the fund, ensuring ongoing support for these critical systems.
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