SUMMARY--Revises various provisions governing capital improvements to community water systems. (BDR 30-92)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State or on Industrial Insurance: No.
EXPLANATION - Matter in italics is new; matter in brackets [ ] is material to be omitted.
AN ACT relating to community water systems; authorizing the board for financing water projects to accept and distribute money, land, equipment and any other appropriation from the Federal Government; revising the provisions governing eligibility to receive loans and grants for making capital improvements to publicly owned water systems; and providing other matters properly relating thereto.
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
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Section 1 NRS 349.972 is hereby amended to read as follows:
349.972 1. The board shall administer the program and shall adopt regulations necessary for that purpose.
2. The regulations must provide such requirements for participation in the program as the board deems necessary.
3. The board may, by regulation, impose an administrative fee which must be collected from each recipient of a loan from the fund. If such a fee is imposed, all revenue derived from the fee must be used to defray the costs of administering the fund and the expenses of the board in administering the program.
4. The board may accept money, land, equipment or any other appropriation from the Federal Government for the purposes of the program.
Sec. 2. NRS 349.973 is hereby amended to read as follows:
349.973 1. [Loans may be made under the program only for those community water systems that are in operation on July 3, 1991.
2. In making its determination of which suppliers of water are to receive loans, the board shall give preference to those suppliers whose community water systems regularly serve fewer than 6,000 persons.
3. Except as otherwise provided in subsections 1 and 2, the] The determination of which suppliers of water are to receive loans is solely within the discretion of the board.
[4.] 2. The board shall administer any money , land, equipment or other appropriation made available to this state by the Federal Government for the purposes of the program.
Sec. 3. NRS 349.975 is hereby amended to read as follows:
349.975 All money received for the fund:
1. From the issuance of bonds pursuant to NRS 349.976;
2. As payment of principal or interest on loans made from the fund; [or]
3. From the Federal Government; or
4. From any other source,
must be deposited with the state treasurer to the credit of the fund. The interest and income earned on the money in the fund, after deducting any applicable charges, must be credited to the fund.
Sec. 4. NRS 349.982 is hereby amended to read as follows:
349.982 1. The board shall administer the program and shall adopt regulations necessary for that purpose.
2. The regulations must provide such requirements for participation in the program as the board deems necessary.
3. The board may, by regulation, impose an administrative fee which must be collected from each recipient of a grant from the fund. If such a fee is imposed, all revenue derived from the fee must be used to defray the costs of administering the fund and the expenses of the board in administering the program.
4. The board may accept money, land, equipment or any other appropriation from the Federal Government for the purposes of the program.
Sec. 5. NRS 349.983 is hereby amended to read as follows:
349.983 1. [Grants may be made to purveyors of water under the program only for those community and nontransient water systems that:
(a) Were in existence on January 1, 1995; and
(b) Are currently publicly owned.
2. In making its determination of which purveyors of water are to receive grants, the board shall give preference to those purveyors of water whose public water systems regularly serve fewer than 6,000 persons.
3.] Each recipient of a grant shall provide an amount of money for the same purpose. The board shall develop a scale to be used to determine that amount, but the recipient must not be required to provide an amount less than 15 percent or more than 75 percent of the amount of the grant. The scale must be based upon the average household income of the customers of the recipient, and provide adjustments for the demonstrated economic hardship of those customers, the existence of an imminent risk to public health and any other factor that the board determines to be relevant.
[4. Except as otherwise provided in subsections 1 and 2, the]
2. The determination of which purveyors of water are to receive grants is solely within the discretion of the board.
Sec. 6. NRS 349.985 is hereby amended to read as follows:
349.985 All money received for the fund from:
1. The issuance of bonds pursuant to NRS 349.986; [or]
2. The Federal Government; or
3. Any other source,
must be deposited with the state treasurer to the credit of the fund. The interest and income earned on the money in the fund, after deducting any applicable charges, must be credited to the fund.