Modifying permissible expenditures by Water Development Authority from Infrastructure Fund

This bill increases funding flexibility for West Virginia's Water Development Authority by raising the annual transfer limit to its Critical Needs and Failing Systems Sub Account from $12 million to $14 million. It allows projects to qualify for funding if they address immediate water/wastewater service failures (up to $3 million total cost), extend service to new customers (up to $3 million), or upgrade existing facilities to reduce maintenance, operational costs, or leaks (up to $300,000 total cost). The changes directly affect communities with aging or failing water infrastructure, enabling them to secure grants for repairs and efficiency upgrades. The bill modifies specific cost caps and removes certain grant restrictions that previously applied to this fund.