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Office of the Revisor of Statutes

SF 3186 Senate Long Description

Requiring the public facilities authority to make funds available for wastewater infrastructures based on pollution control agency (PCA) priority list ranking and requiring funds reservation upon applicant federal commitment receipt or PCA plan submission; increasing public facilities authority grant funding; establishing and providing for a credit enhanced bond program to provide governmental unit loans through governmental units general obligation bonds purchased for purpose of project financing; requiring the authority to obtain funds to make loans through revenue bonds issuance payable from loan repayments pledged to the bonds; establishing a fund and accounts; permitting revenue bond issuance by the authority; specifying a bonding limit
(rt)