Bill Text: CA AB2108 | 2009-2010 | Regular Session | Introduced

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Bill Title: State Water Pollution Control Revolving Fund Small

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2010-02-19 - From printer. May be heard in committee March 21. [AB2108 Detail]

Download: California-2009-AB2108-Introduced.html

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BILL NUMBER: AB 2108	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Fuller

                        FEBRUARY 18, 2010

   An act to amend Section 13477.6 of the Water Code, relating to
water quality.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2108, as introduced, Fuller. State Water Pollution Control
Revolving Fund Small Community Grant Fund.
   Existing law establishes the State Water Pollution Control
Revolving Fund Small Community Grant Fund in the State Treasury.
Moneys in the fund, upon appropriation by the Legislature to the
State Water Resources Control Board, may be expended for grant for
specified water quality projects that serve small communities with
priority given to projects that serve severely disadvantaged
communities. Existing law defines "small communities" to include a
municipality with a population of 20,000 persons or fewer, with a
financial hardship, as determined by the state board.
   This bill would make a technical, nonsubstantive change to that
provision.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 13477.6 of the Water Code is amended to read:
   13477.6.  (a) The State Water Pollution Control Revolving Fund
Small Community Grant Fund is hereby created in the State Treasury.
   (b) The following  described  moneys shall be deposited
in the grant fund:
   (1) Moneys transferred to the grant fund pursuant to subdivision
(c).
   (2) Notwithstanding Section 16475 of the Government Code, any
interest earned upon the moneys deposited in the grant fund.
   (c) (1) For any financing made pursuant to Section 13480, the
board may assess an annual charge to be deposited in the grant fund
in lieu of interest that would otherwise be charged.
   (2) Any amounts collected under this subdivision shall be
deposited in the grant fund, not more than fifty million dollars
($50,000,000) shall be deposited in the grant fund.
   (3) The charge authorized by this subdivision may be applied at
any time during the term of the financing, and once applied, shall
remain unchanged until 2014, at which point it shall terminate and be
replaced by an identical interest rate. The charge shall not
increase the financing repayment amount as set forth in the terms and
conditions imposed pursuant to this chapter.
   (d) (1) Moneys in the grant fund, upon appropriation by the
Legislature to the board, may be expended, in accordance with this
chapter, for grants for projects described in subdivision (a) of
Section 13480 that serve small communities as defined in subdivision
(a) of Section 30925 of the Public Resources Code.
   (2) For the purpose of approving grants, the board shall give
priority to projects that serve severely disadvantaged communities.