HR 2720 106th Congress House Environmental Protection Administrative fees Authorization Depressed areas Economics and Public Finance Environmental technology Estuarine area conservation Estuarine pollution Federal aid to water pollution control Federally-guaranteed loans Finance and Financial Sector Government Operations and Politics Government lending Infrastructure Interest rates Lakes Land transfers Law Nonpoint source pollution Public Lands and Natural Resources

Clean Water Infrastructure Financing Act of 1999

Introduced: August 5, 1999 See on congress.gov

Everywhere this bill has been 4 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Aug 9, 1999

Referred to the Subcommittee on Water Resources and Environment.

Aug 5, 1999

Referred to the House Committee on Transportation and Infrastructure.

Aug 5, 1999

Sponsor introductory remarks on measure. (CR E1768)

Aug 5, 1999

Introduced in House

Plain-English summary Congressional Research Service

Clean Water Infrastructure Financing Act of 1999 - Amends the Federal Water Pollution Control Act to provide that capitalization grants to States for the establishment of water pollution control revolving funds ( revolving funds) shall be for providing assistance to accomplish the purposes of such Act. (Currently, such grants are provided for assistance for specific purposes.)

Removes certain requirements for States with respect to construction of treatment works under capitalization grant agreements.

Directs the Administrator of the Environmental Protection Agency to assist states in establishing simplified procedures for small water systems to obtain assistance under the Act.

Requires amounts available to revolving funds to be used only for providing assistance to activities which have as a principal benefit the improvement or protection of water quality of navigable waters. Adds activities to the list of those which may be assisted.

Provides for a repayment period of the lesser of 40 years or the expected life of the project to be financed with loan proceeds with respect to loans made to disadvantaged communities from revolving funds. Requires loans made from such funds to be fully amortized upon the expiration of the loan term (currently, no later than 20 years after project completion). Requires such funds to provide: (1) loan guarantees for developing and implementing innovative technologies; and (2) technical, planning, and other specified assistance to small systems.

Treats a treatment works as a publicly owned treatment works, for purposes of eligibility for construction assistance from a revolving fund, if the treatment works, without regard to ownership, would be considered a publicly owned treatment works and is principally treating municipal waste water or domestic sewage.

Provides for negative interest rates of up to two percent to reduce the unpaid principal on loans from revolving funds made to disadvantaged communities.

Reauthorizes appropriations for FY 2000 through 2004 for the revolving fund program.

What's happening now August 9, 1999

Referred to the Subcommittee on Water Resources and Environment.

Committees of jurisdiction 2