1558 - Water Supply and Wastewater Infrastructure Program.

     § 1558.  Water Supply and Wastewater Infrastructure Program.        (a)  Establishment.--There is established a program to be     known as the Water Supply and Wastewater Infrastructure Program.     The program shall provide financial assistance in the form of     single-year or multiyear grants to municipalities and municipal     authorities and in the form of loans to municipalities,     municipal authorities, industrial development corporations and     investor-owned water or wastewater enterprises for water     projects which, when completed, construct, expand or improve     water and wastewater infrastructure and which are related to     economic development.        (b)  Application.--A municipality, a municipal authority, an     industrial development corporation or an investor-owned water or     wastewater enterprise may submit an application to the authority     requesting financial assistance for a water project. The     application must be on the form required by the board and must     include or demonstrate all of the following:            (1)  The name and address of the applicant.            (2)  A statement of the type and amount of financial        assistance sought. If the applicant is requesting financial        assistance in the form of a grant, the request may not exceed        75% of the cost of the water project.            (3)  A statement of the water project, including a        detailed statement of the cost of the water project.            (4)  A financial commitment from a responsible source for        any cost of the water project in excess of the amount        requested. If the applicant is requesting financial        assistance in the form of a grant from the department, the        financial commitment may not be in the form of a grant from a        Commonwealth agency.            (5)  A firm commitment from the project user to use the        water project upon completion.            (6)  Proof that the applicant has secured planning and        permit approvals for the water project from the Department of        Environmental Protection.            (7)  Any other information required by the board.        (c)  Review and approval of grant applications.--            (1)  If an applicant is requesting financial assistance        in the form of a grant, the authority, in conjunction with        the Department of Environmental Protection, shall review the        application to determine all of the following:                (i)  That the applicant is not an investor-owned            water or wastewater enterprise.                (ii)  If the water project is related to economic            development.                (iii)  If there is a financial commitment for at            least 25% of the water project.                (iv)  If the source of the financial commitment is            from a responsible source.                (v)  If the applicant is firmly committed to using            the water project upon completion.                (vi)  If the applicant has secured planning and            permit approvals for the water project from the            Department of Environmental Protection. The water project            must be generally consistent with any applicable county            or local comprehensive plans.                (vii)  If the applicant complied with all other            criteria established by the board.            (2)  Upon being satisfied that all program requirements        have been met, the authority may approve the application        consistent with all of the following:                (i)  The grant may not exceed $5,000,000 per water            project.                (ii)  Grants under this program shall not exceed            $10,000,000 in the aggregate per municipality or            municipal authority.                (iii)  The aggregate amount of grants awarded under            this subsection shall not exceed $125,000,000.                (iv)  The board shall give priority consideration to            water projects which are integral for development or            redevelopment of sites which are planned for development.                (v)  The board has received notice from the Secretary            of the Budget that the water project satisfies the            Federal tax status requirements of any bonds used to fund            the grant.            (3)  If the authority approves the application, the        authority shall notify the department of the amount approved.            (4)  Nothing in this subsection shall be construed to        prohibit the awarding of grants to municipalities in which        the water supply or wastewater services are provided in whole        or in part by an investor-owned water or wastewater        enterprise.        (d)  Review and approval of loan applications.--            (1)  If an applicant is requesting financial assistance        in the form of a loan, the authority, in conjunction with the        Department of Environmental Protection, shall review the        application to determine all of the following:                (i)  If the water project is related to economic            development.                (ii)  If a financial commitment exists for any cost            of the water project in excess of the amount requested.                (iii)  If the source of the financial commitment is            from a responsible source.                (iv)  If the water project user is firmly committed            to using the water project upon completion.                (v)  If the applicant has secured planning and permit            approvals for the water project from the Department of            Environmental Protection. The water project must be            generally consistent with county and local comprehensive            plans.                (vi)  If the applicant complied with all other            criteria established by the board.            (2)  Upon being satisfied that all program requirements        have been met, the board may approve the application        consistent with all of the following:                (i)  The loan may not exceed $5,000,000 per water            project.                (ii)  Loans under this program shall not exceed            $25,000,000 in the aggregate per applicant.                (iii)  The board shall give priority consideration to            water projects which are integral for the development or            redevelopment of sites which are planned for development.                (iv)  The board must receive notice from the            Secretary of the Budget that the water project satisfies            the Federal tax status requirements of any bonds used to            fund the loan.            (3)  If the authority approves the application, the        authority shall notify the department of the amount approved.        (e)  Report to General Assembly.--            (1)  The authority shall submit an annual report to the        General Assembly no later than September 1 following the        first fiscal year or any portion thereof in which the program        is in effect and no later than September 1 for all succeeding        fiscal years in which the program is in effect. The report        shall include a list of all of the recipients of grants and        loans awarded by the authority in the previous fiscal year,        the amount of the grants or loans awarded, a description of        the water project and the public purposes that it advances        and the documentation submitted by the applicant        demonstrating that the water project met at least one of the        criteria of subsection (b)(7).            (2)  The authority shall post a copy of the report to the        General Assembly on the World Wide Web site of the Department        of Community and Economic Development and the World Wide Web        site of the Department of Environmental Protection. The        reports shall remain on the sites until the reports for the        next year are posted.        (f)  Definition.--As used in this section, the term "economic     development" means a project which involves the investment of     capital in Pennsylvania enterprises and communities or which     results in the creation of new or the preservation of existing     jobs in this Commonwealth.     (Nov. 30, 2004, P.L.1708, No.218, eff. imd.)        2004 Amendment.  Act 218 added section 1558.        Cross References.  Section 1558 is referred to in sections     13A63, 1403 of Title 4 (Amusements); 3902, 3904, 3905 of Title     12 (Commerce and Trade).