[Congressional Bills 103th Congress] [From the U.S. Government Publishing Office] [H.R. 1701 Introduced in House (IH)] 103d CONGRESS 1st Session H. R. 1701 To amend title XVI of the Public Health Service Act (the Safe Drinking Water Act) to establish State revolving funds to provide for drinking water treatment facilities, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 5, 1993 Mr. Waxman (for himself and Mr. Dingell) introduced the following bill; which was referred to the Committee on Energy and Commerce _______________________________________________________________________ A BILL To amend title XVI of the Public Health Service Act (the Safe Drinking Water Act) to establish State revolving funds to provide for drinking water treatment facilities, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. STATE REVOLVING FUNDS FOR SAFE DRINKING WATER Section 1443 of title XIV of the Public Health Service Act (the Safe Drinking Water Act) is amended by redesignating subsection (c) as (d) and by adding the following new subsection after subsection (b): ``(c) State Revolving Funds.-- ``(1) General Authority.--(A) The Administrator shall enter into agreements with States having primary enforcement responsibility for public water systems to make capitalization grants to the States under this subsection, further the health protection objectives of this Act. The grants shall be allotted to the States in accordance with this section and deposited in drinking water treatment revolving funds established by the State. ``(B) Amounts deposited in such revolving funds, including loan repayments and interest earned on such amounts, shall be used only for providing loans or other financial assistance of any kind or nature that the State deems appropriate to public water systems operated by a governmental or inter-governmental agency, a non-profit organization, an Indian tribe, or any combination thereof. Such financial assistance may be used only for capital expenditures incurred by any such system of a type or category which the Administrator has determined will facilitate compliance with national primary drinking water regulations applicable to such system under section 1411. ``(C) Each such revolving fund shall be established, maintained, and credited with repayments and interest. The fund balance shall be available in perpetuity for providing financial assistance under this section. Only interest collected in such fund shall be used by the States for grants to such systems for such expenditures. To the extent amounts in each such fund are not required for current obligation or expenditure such amounts shall be invested in interest bearing obligations of the State or of the United States. ``(2) Specific Requirements.--The Administrator shall enter into an agreement under this section with a State only after the State has established to the satisfaction of the Administrator that-- ``(A) the State will deposit all capitalization grants received from the Administrator under this subsection, together with all repayments and interest on such grants, in a drinking water treatment revolving fund established by the State in accordance with this subsection; ``(B) the State will deposit in the fund from State moneys an amount equal to at least 20 percent of the total amount of all such capitalization grants on or before the date on which each grant payment is made to the State; and ``(C) no loan or other financial assistance will be provided to a public water system from such revolving fund for any capital expenditures if the Administrator has determined, pursuant to appropriate criteria, that such expenses could be avoided or significantly reduced by consolidation of that public water system with any other public water system, except that in such cases such assistance may be provided from the fund for such consolidation. Notwithstanding subparagraph (A), the State may combine capitalization grants under this subsection with another revolving fund established by the State if the Administrator determines that the grants under this subsection, together with loan repayments and interest, will be used solely for the purposes specified in paragraph (1). ``(3) Fund administration.--(A) Each State may use up to 5 percent of the monies in a revolving fund established under this subsection to cover the reasonable costs of administration of the assistance program under this subsection. ``(B) The Administrator shall promulgate such regulations as may be necessary to carry out the provisions of this section, including provisions to ensure that each State commits and expends funds from revolving funds established under this subsection in accordance with this Act and applicable Federal and State laws and that the State uses accounting, audit, and fiscal procedures that conform to generally accepted accounting standards. ``(C) Each State administering a revolving fund and assistance program under this subsection shall publish and submit to the Administrator a report every 2 years on its activities under this subsection, including the findings of the most recent audit of the fund. The Administrator shall periodically audit all revolving funds established under this subsection in accordance with procedures established by the Comptroller General. ``(4) There is authorized to be appropriated to carry out the purposes of this subsection $599,000,000 for the fiscal year 1994 and $1,000,000 for each of the fiscal years 1995, 1996, and 1997, and such sums as may be necessary thereafter.''. <all>