HB 2135 -- Storm Water Control Grants and Loans

Sponsor:  Bivins

This bill changes the laws regarding the issuance of grants and
loans to the City of St. Louis and any first classification
county by the Department of Natural Resources for storm water
control.  In its main provisions, the bill:

(1)  Requires sewer and water districts to be public water or
sewer districts in order to receive grants and loans from the
department for storm water control projects;

(2)  Allows the department to issue either a grant or a loan and
removes the mandatory ratio of 50% for grants and 50% for loans
for storm water control projects;

(3)  Allows the department to make an initial offer of grants and
loans and later distribute any remaining funds resulting from the
decline of initial offers to water and sewer districts requesting
additional funding; and

(4)  Creates the Storm Water Loan Revolving Fund which will
consist of repayments of storm water loans and interest and will
be used to finance storm water control plans, studies, and
projects.  Unexpended balances are not subject to biennial
transfer to the General Revenue Fund, and the storm water fund
retains its interest.

The bill becomes effective only upon voter approval of a
constitutional amendment submitted by the 94th General Assembly
modifying Article III, Section 37(h) of the Missouri
Constitution.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:11 pm