Amended IN Assembly April 27, 2017 Amended IN Assembly April 17, 2017 Amended IN Assembly March 30, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 560Introduced by Assembly Member SalasFebruary 14, 2017 An act to amend Section 116760.50 of the Health and Safety Code, relating to water. LEGISLATIVE COUNSEL'S DIGESTAB 560, as amended, Salas. Safe Drinking Water State Revolving Fund: 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 provide principal forgiveness, grant funding, funding, and principal forgiveness and 0 percent financing on loans, from the Safe Drinking Water State Revolving Fund 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 with interest would result in unaffordable water rates, as defined.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe 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 provide principal forgiveness, grant funding, and principal forgiveness and 0 percent financing on loans, from the Safe Drinking Water State Revolving Fund 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 with interest 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. area or other percentage that the board determines is appropriate to reflect funding priorities.
Amended IN Assembly April 27, 2017 Amended IN Assembly April 17, 2017 Amended IN Assembly March 30, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 560Introduced by Assembly Member SalasFebruary 14, 2017 An act to amend Section 116760.50 of the Health and Safety Code, relating to water. LEGISLATIVE COUNSEL'S DIGESTAB 560, as amended, Salas. Safe Drinking Water State Revolving Fund: 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 provide principal forgiveness, grant funding, funding, and principal forgiveness and 0 percent financing on loans, from the Safe Drinking Water State Revolving Fund 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 with interest would result in unaffordable water rates, as defined.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
Amended IN Assembly April 27, 2017 Amended IN Assembly April 17, 2017 Amended IN Assembly March 30, 2017
Amended IN Assembly April 27, 2017
Amended IN Assembly April 17, 2017
Amended IN Assembly March 30, 2017
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Assembly Bill No. 560
Introduced by Assembly Member SalasFebruary 14, 2017
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
## LEGISLATIVE COUNSEL'S DIGEST
AB 560, as amended, Salas. Safe Drinking Water State Revolving Fund: 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 provide principal forgiveness, grant funding, funding, and principal forgiveness and 0 percent financing on loans, from the Safe Drinking Water State Revolving Fund 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 with interest would result in unaffordable water rates, as defined.
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 provide principal forgiveness, grant funding, funding, and principal forgiveness and 0 percent financing on loans, from the Safe Drinking Water State Revolving Fund 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 with interest would result in unaffordable water rates, as defined.
## Digest Key
## Bill 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 provide principal forgiveness, grant funding, and principal forgiveness and 0 percent financing on loans, from the Safe Drinking Water State Revolving Fund 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 with interest 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. area or other percentage that the board determines is appropriate to reflect funding priorities.
The people of the State of California do enact as follows:
## 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 provide principal forgiveness, grant funding, and principal forgiveness and 0 percent financing on loans, from the Safe Drinking Water State Revolving Fund 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 with interest 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. area or other percentage that the board determines is appropriate to reflect funding priorities.
SECTION 1. Section 116760.50 of the Health and Safety Code is amended to read:
### SECTION 1.
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 provide principal forgiveness, grant funding, and principal forgiveness and 0 percent financing on loans, from the Safe Drinking Water State Revolving Fund 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 with interest 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. area or other percentage that the board determines is appropriate to reflect funding priorities.
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 provide principal forgiveness, grant funding, and principal forgiveness and 0 percent financing on loans, from the Safe Drinking Water State Revolving Fund 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 with interest 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. area or other percentage that the board determines is appropriate to reflect funding priorities.
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 provide principal forgiveness, grant funding, and principal forgiveness and 0 percent financing on loans, from the Safe Drinking Water State Revolving Fund 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 with interest 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. area or other percentage that the board determines is appropriate to reflect funding priorities.
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 provide principal forgiveness, grant funding, and principal forgiveness and 0 percent financing on loans, from the Safe Drinking Water State Revolving Fund 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 with interest 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. area or other percentage that the board determines is appropriate to reflect funding priorities.