Bill > SB1919

This bill amends the Environmental Protection Act to modify the eligibility requirements for loan forgiveness in water-related loan programs. Specifically, the bill prevents local government units with a population of 150,000 or more from receiving principal forgiveness through three existing loan programs: the Water Pollution Control Loan Program, the Public Water Supply Loan Program, and the Loan Support Program. These programs are part of the Water Revolving Fund, which provides financial assistance to local government units and water supply systems for infrastructure projects, including water treatment, storm water systems, and public water supply improvements. By removing principal forgiveness eligibility for larger local government units, the bill aims to redirect financial support to smaller communities that may have more limited resources for water-related infrastructure development. The change is part of a broader effort to prioritize support for disadvantaged communities and utilities in building sustainable water management capabilities.

Budget and Finance

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1919&GAID=18&DocTypeID=SB&SessionID=114&GA=104