Loading chat...
NC S810
Bill
AI Summary
Senate Bill 810 Summary
-
Establishes the Viable Utility Reserve as a state grant fund for local government units to improve water and wastewater system viability through infrastructure projects, studies, and system consolidation.
-
Creates three types of grants from the Viable Utility Reserve: asset assessment and rate study grants, merger/regionalization feasibility grants, and project grants, with individual limits of $15 million and $30 million for merged systems.
-
Requires the Local Government Commission to approve all Viable Utility Reserve grant awards and allows imposition of performance measures and conditions on grants.
-
Requires the State Water Infrastructure Authority and Local Government Commission to identify "distressed units" (water/wastewater systems showing financial or operational failure) and mandate asset assessments, training programs, and action plans for identified systems.
-
Establishes a statutory process in Chapter 162A for merger and dissolution of water and wastewater districts through the Environmental Management Commission, with public hearings required before approval.
Legislative Description
Water/Wastewater Public Enterprise Reform
Last Action
Re-ref to Appropriations/Base Budget. If fav, re-ref to Rules and Operations of the Senate
5/20/2020