AN ACT TO PROVIDE ADDITIONAL FLEXIBILITY FOR CERTAIN REGIONAL WATER AND SEWER INFRASTRUCTURE FUNDING.
Amends SL 2016-94, Section 14.20A, to direct the Department of Environmental Quality, Division of Water Infrastructure, to repurpose the $14,548,991 appropriated in that act from its current use to the purpose of funding interconnection, extension of water lines, and related water system modification and expansion involving the counties of Rockingham and Guilford and the municipalities of Oak Ridge, Stokesdale, Summerfield, Reidsville, Madison, and Mayodan. Alots 25% of the funds for Guilford County and 75% for Rockingham County. Lists authorized uses of the funds. Provides that the funds are held in reserve by the Office of State Budget and Management, and released when agreements are made pursuant to this act. Funds not spent or encumbered by June 30, 2020, revert to the General Fund.
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