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H.627

AN ACT RELATING TO THE SPECIAL ENVIRONMENTAL REVOLVING FUND

The Senate proposes to the House to amend the bill by adding Secs. 2, 3, and 4 to read as follows:

Sec. 2.  ANNUAL REPORT

The secretary of natural resources shall report in writing to the senate committee on natural resources and energy and the house committee on fish, wildlife and water resources on or before January 31 of each year regarding loans from the special environmental revolving fund under 24 V.S.A. § 4771(a)(5)(B).  The report shall include:  the number of privately owned nonprofit community water systems that have applied for loans from the special environmental revolving fund under 24 V.S.A. § 4771(a)(5)(B); the number of loans issued under 24 V.S.A. § 4771(a)(5)(B); the total dollar amount of loans issued under 24 V.S.A. § 4771(a)(5)(B); and a general description of privately owned nonprofit community water systems receiving loans under 24 V.S.A. § 4771(a)(5)(B), including the age of the development in which each privately owned nonprofit community water system is located.

Sec. 3.  SUNSET

Subdivision 4771(a)(5)(B) of Title 24 (loans for privately owned nonprofit community type systems) is repealed June 30, 2011.

Sec. 4.  EFFECTIVE DATE

This act shall take effect upon passage.



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us