SB589 H T&I AM #1 2-26

Reed 3253

The Committee on Technology and Infrastructure moved to amend the bill on page 1, following the enacting clause by striking the remainder of the bill and inserting in lieu thereof the following:

“ARTICLE 15A. WEST VIRGINIA INFRASTRUCTURE AND JOBS DEVELOPMENT COUNCIL.

Notwithstanding any provision of this article to the contrary:

(a) The West Virginia Water Development Authority shall establish a separate and segregated sub account in the Infrastructure Fund designated the Critical Needs and Failing Systems Sub Account into which the council may instruct the West Virginia Water Development Authority to transfer from the uncommitted loan balances for each congressional district on June 30 each year up to $4 million per congressional district.

(b) The council shall direct the West Virginia Water Development Authority to make loans or grants from the Critical Needs and Failing Systems Sub Account when the council determines that a project will address a critical immediate need by:

(1) The continuation of water or sewer services;

(2) Addressing water or sewer system failure due to the age of the system; or

(3) Providing extensions to a water or sewer system that will add customers with a total project cost of less than $1 million.

(c) Grant limitations and allocations contained in §31-15A-10(b) and §31-15A-10(c) of this code do not apply to grants made from the Critical Needs and Failing Systems Sub Account.”