West Virginia SB49 modifies permissible expenditures by the Water Development Authority from the Infrastructure Fund.

West Virginia SB49 amends the permissible expenditures by the Water Development Authority from the Infrastructure Fund. It establishes a Critical Needs and Failing Systems Sub Account into which the council may transfer up to $14 million annually. The bill raises the cap on total project costs for certain facilities to $3 million and allows the authority to grant infrastructure funds from this sub account for upgrading water or wastewater facilities to reduce maintenance costs, operations costs, or waterline leakages.

West Virginia SB49 modifies permissible expenditures by the Water Development Authority from the Infrastructure Fund.

West Virginia SB49 amends the permissible expenditures by the Water Development Authority from the Infrastructure Fund. It establishes a Critical Needs and Failing Systems Sub Account into which the council may transfer up to $14 million annually. The bill raises the cap on total project costs for certain facilities to $3 million and allows the authority to grant infrastructure funds from this sub account for upgrading water or wastewater facilities to reduce maintenance costs, operations costs, or waterline leakages.