House File 452 - Introduced



                                       HOUSE FILE       
                                       BY  WHITAKER


    Passed House,  Date               Passed Senate, Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act creating an unsewered community revolving loan program and
  2    fund.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 2233YH 82
  5 tm/je/5

PAG LIN



  1  1    Section 1.  NEW SECTION.  455B.251  SHORT TITLE.
  1  2    This part shall be known and may be cited as the "Unsewered
  1  3 Community Revolving Loan Program Act".
  1  4    Sec. 2.  NEW SECTION.  455B.252  UNSEWERED COMMUNITY
  1  5 REVOLVING LOAN PROGRAM.
  1  6    1.  The department shall establish and administer an
  1  7 unsewered community revolving loan program.  Assistance under
  1  8 the program shall consist of no=interest loans with a term not
  1  9 to exceed forty years and shall be used for purposes of
  1 10 installing sewage disposal systems in a city without a sewage
  1 11 disposal system or in an area where a cluster of homes is
  1 12 located.  A public or private entity may apply for assistance
  1 13 under the program.
  1 14    2.  In awarding assistance, the department shall encourage
  1 15 the use of innovative sewage disposal systems and discourage
  1 16 the use of lagoons.
  1 17    3.  For purposes of this section, "an area where a cluster
  1 18 of homes is located" means an area located in a county which
  1 19 includes six or more homes but less than five hundred homes.
  1 20    Sec. 3.  NEW SECTION.  455B.253  UNSEWERED COMMUNITY
  1 21 REVOLVING LOAN FUND.
  1 22    1.  An unsewered community revolving loan fund is created
  1 23 in the state treasury under the control of the department and
  1 24 consisting of moneys appropriated by the general assembly and
  1 25 any other moneys available to and obtained or accepted by the
  1 26 department for placement in the fund.
  1 27    2.  Repayments of moneys loaned and recaptures of loans
  1 28 shall be deposited in the fund.
  1 29    3.  Moneys in the fund shall be used to provide assistance
  1 30 under the unsewered community revolving loan program
  1 31 established pursuant to section 455B.252.
  1 32    4.  Moneys in the fund are not subject to section 8.33.
  1 33 Notwithstanding section 12C.7, interest or earnings on moneys
  1 34 in the fund shall be credited to the fund.
  1 35                           EXPLANATION
  2  1    This bill creates an unsewered community revolving loan
  2  2 program and fund.
  2  3    The bill requires the department of natural resources to
  2  4 establish and administer an unsewered community revolving loan
  2  5 program.  The bill provides that assistance under the program
  2  6 shall consist of no=interest loans with a term not to exceed
  2  7 40 years and shall be used for purposes of installing sewage
  2  8 disposal systems in a city without a sewage disposal system or
  2  9 in an area where a cluster of homes is located.  The bill
  2 10 allows a public or private entity to apply for assistance
  2 11 under the program.  The bill provides that, in awarding
  2 12 assistance under the program, the department shall encourage
  2 13 the use of innovative sewage disposal systems and discourage
  2 14 the use of lagoons.
  2 15    The bill creates an unsewered community revolving loan fund
  2 16 in the state treasury under the control of the department and
  2 17 consisting of moneys appropriated by the general assembly and
  2 18 any other moneys available to and obtained or accepted by the
  2 19 department for placement in the fund.  The bill provides that
  2 20 moneys in the fund shall be used to provide assistance under
  2 21 the unsewered community revolving loan program.
  2 22 LSB 2233YH 82
  2 23 tm:rj/je/5