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WV SB49

WV SB49
Relating to permissible expenditures by Water Development Authority from Infrastructure Fund


summary

Introduced
01/14/2026
In Committee
01/14/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

The purpose of this bill is to increase permissible expenditures by the Water Development Authority from the Infrastructure Fund; modify the upper limit of funds which may be transferred to sub account; raising the cap on total project costs for certain facilities for use of Critical Needs and Failing Systems Sub Account funding; and allow the authority to grant infrastructure grant money from the Critical Needs and Failing Systems Sub Account to certain projects for the upgrading of a water facility or wastewater facility to reduce maintenance costs, operations costs, or waterline leakages.

AI Summary

This bill modifies how the Water Development Authority (WDA) can spend money from the Infrastructure Fund, specifically from a sub-account called the Critical Needs and Failing Systems Sub Account, which is designed to address urgent water and wastewater issues. The WDA can now transfer up to $14 million annually into this sub-account, an increase from the previous $12 million limit. Additionally, the bill raises the maximum total project cost for certain projects that can receive funding from this sub-account to $3 million, up from $2 million, with the provision that the recipient can cover up to a 10% overage. Importantly, the bill now allows the WDA to grant money from this sub-account for projects that upgrade water or wastewater facilities to lower maintenance or operational costs, or to reduce water leakage, provided the total project cost is under $300,000. These changes aim to provide more flexibility and resources for critical infrastructure improvements.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

Senate Economic Development Committee Meeting (13:00:00 2/17/2026 208-W) (on 02/17/2026)

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