Relates to water pollution control revolving fund agreements
This bill extends a special financial subsidy program for municipalities until September 30, 2027. It allows eligible towns borrowing money from the state water pollution control revolving fund to receive loans with interest rates capped at half the market rate. Additionally, the bill ensures that up to fifty percent of the loan principal can be subsidized for these projects, provided the towns have applied for and started construction on the projects within the extended timeframe. The changes directly affect local governments seeking funding to improve water quality and pollution control infrastructure.
Bill status
signed
all 5 stages cleared
Introduction
May 2024
Committee Review
May 2024
Senate Passage
May 2024
Assembly Passage
May 2024
Signed into Law
Aug 2024
Introduced May 10, 2024
Signed Aug 28, 2024
Floor votes · Senate May 28, 2024 · Assembly May 30, 2024
How they voted
58–0
Passed · 4 other
Total votes 62
May 28, 2024
D
Democratic41
92% Yea
R
Republican21
95% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
13
Key actions
3
Committee
2
Aug 28, 2024
Signed into law
SIGNED CHAP.284
upper
May 30, 2024
Lower · Passed
PASSED ASSEMBLY
lower
May 28, 2024
Committee
REFERRED TO WAYS AND MEANS
lower
May 28, 2024
Upper · Passed
PASSED SENATE
upper
May 10, 2024
Committee
REFERRED TO ENVIRONMENTAL CONSERVATION
upper
1 primary · 1 co-sponsor
Sponsors
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