Session of 2023
HOUSE BILL No. 2047
By Committee on Water
1-17
AN ACT concerning water; relating to the Kansas water pollution control
revolving fund; increasing the amortization period on loans from the
Kansas water pollution control revolving fund; amending K.S.A. 65-
3326 and repealing the existing section.
Be it enacted by the Legislature of the State of Kansas:
Section 1. K.S.A. 65-3326 is hereby amended to read as follows: 65-
3326. (a) Municipalities which that desire the provision of a loan under
K.S.A. 65-3321 through 65-3329, and amendments thereto, shall submit
an application therefor to the secretary. Applications shall be in such form
and shall include such information as the secretary shall require and shall
be submitted in a manner and at a time to be determined by the secretary.
(b) The secretary may enter into agreements with any municipality
for the provision of a loan thereto for payment of all or a part of project
costs and any municipality may enter into such an agreement and may
accept such loan when so authorized by its governing body. The purposes
of the loan to be provided, the amount thereof, the interest rate thereon,
and the repayment terms and conditions thereof, all of which may vary
among municipalities, shall be included in the agreements. Loans shall be
provided at or below market interest rates and may be provided interest
free. All such agreements shall require that municipalities establish a
dedicated source of revenue for repayment of the loans as provided in
K.S.A. 65-3327, and amendments thereto. Such agreements shall further
provide that repayment of any loan received shall begin not later than one
year after completion of the project and that. For agreements entered into
on or before June 30, 2023, such loan shall be repaid in full no not later
than 20 years thereafter. On and after July 1, 2023, agreements for loans
shall provide that such loans shall be repaid in full not later than 30 years
thereafter.
(c) In the event any municipality to which a loan is made available
under K.S.A. 65-3321 through 65-3329, and amendments thereto, fails to
enter into an agreement with the secretary for the provision of such loan in
accordance with the requirements of such statutes, the secretary is
authorized to make the amount of the loan available for one or more other
projects on the project priority list.
(d) The secretary shall provide any municipality, upon its request,
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with technical advice and assistance regarding a project or an application
for a loan for the payment of all or a part of project costs.
Sec. 2. K.S.A. 65-3326 is hereby repealed.
Sec. 3. This act shall take effect and be in force from and after its
publication in the statute book.
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