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2000 SESSION
SB 613 Resources Authority.
Introduced by: William C. Wampler, Jr. | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED SENATE:
Virginia Resources Authority. Provides that the Environmental Protection Agency approves the bill's provisions as they pertain to the Commonwealth's qualifications for full funding from the federal government, allows the Virginia Resources Authority, with the prior approval of the Board of Health and the state treasurer, to pledge funds in the Water Supply Assistance Grant Fund as security for bonds of the Authority. The bill also gives the Department of Housing and Community Development the responsibility for making grants from the fund, if Senate Bill 616 is enacted into law by the Governor. Under current law, the Board of Health is charged with awarding grants from the fund.
SUMMARY AS INTRODUCED:
Virginia Resources Authority. Allows the Virginia Resources Authority to pledge funds in the Water Supply Assistance Grant Fund as security for bonds of the authority.