Bill Text: CA AB560 | 2017-2018 | Regular Session | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Safe Drinking Water State Revolving Fund: project financing: severely disadvantaged communities.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2017-10-07 - Chaptered by Secretary of State - Chapter 552, Statutes of 2017. [AB560 Detail]
Download: California-2017-AB560-Amended.html
Bill Title: Safe Drinking Water State Revolving Fund: project financing: severely disadvantaged communities.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2017-10-07 - Chaptered by Secretary of State - Chapter 552, Statutes of 2017. [AB560 Detail]
Download: California-2017-AB560-Amended.html
Amended
IN
Assembly
April 17, 2017 |
Amended
IN
Assembly
March 30, 2017 |
CALIFORNIA LEGISLATURE—
2017–2018 REGULAR SESSION
Assembly Bill | No. 560 |
Introduced by Assembly Member Salas |
February 14, 2017 |
An act to amend Section 116760.50 of the Health and Safety Code, relating to water.
LEGISLATIVE COUNSEL'S DIGEST
AB 560, as amended, Salas.
Safe Drinking Water State Revolving Fund: priority projects: project financing: severely disadvantaged communities.
Existing law, the Safe Drinking Water State Revolving Fund Law of 1997, establishes the Safe Drinking Water State Revolving Fund to provide grants or revolving fund loans for the design and construction of projects for public water systems that will enable those systems to meet safe drinking water standards. Existing law requires the State Water Resources Control Board to establish eligibility criteria for project financing that is consistent with federal law.
This bill, to the extent permitted by federal law, would authorize the board to give priority to projects for water systems that serve severely disadvantaged communities, regardless of population
size of the community, on a discretionary, case-by-base basis. provide principal forgiveness, grant funding, and 0 percent financing to a project for a water system with a service area that qualifies as a severely disadvantaged community if the water system demonstrates that repaying a Safe Drinking Water State Revolving Fund loan would result in unaffordable water rates, as defined.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 116760.50 of the Health and Safety Code is amended to read:116760.50.
(a) The board shall establish eligibility criteria for project financing pursuant to this chapter that shall be consistent with federal requirements.(b) To the extent permitted by federal law, the board may give priority to projects for water systems that serve severely disadvantaged communities, regardless of population size of the community, on a discretionary, case-by-case basis. provide principal forgiveness, grant funding, and 0 percent financing to a project for a water system with a service area that qualifies as a severely
disadvantaged community if the water system demonstrates that repaying a Safe Drinking Water State Revolving Fund loan would result in unaffordable water rates.
(c) For purposes of this section, “unaffordable water rates” means an average water bill that is greater than 1.5 percent of the median household income of the service area.