SJR 45 -- STORM WATER CONTROL GRANTS AND LOANS

Upon voter approval, this proposed constitutional amendment
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 amendment:

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

(2)  Removes the $20 million limit on annual appropriations to
the Stormwater Control Fund;

(3)  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;

(4)  Removes the requirement that department grants be limited to
50% of the cost of a storm water control project;

(5)  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

(6)  Requires repayments of storm water loans and interest to be
deposited into a fund 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 will retain any earned interest.

Missouri House of Representatives
94th General Assembly, 2nd Regular Session
Last Updated October 15, 2008 at 3:13 pm