Pub. L. 115-141, div. G, tit. II, under "Water Infrastructure Finance and Innovation Program Account"

Water Infrastructure Finance and Innovation Program Account

EnactedYear: 2018Length: 174 wordsOfficial source
Water Infrastructure Finance and Innovation Program Account For the cost of direct loans and for the cost of guaranteed loans, as authorized by the Water Infrastructure Finance and Innovation Act of 2014, $5,000,000, to remain available until expended: Provided, That such costs, including the cost of modifying such loans, shall be as defined in section 502 of the Congressional Budget Act of 1974: Provided further, That these funds are available to subsidize gross obligations for the principal amount of direct loans, including capitalized interest, and total loan principal, including capitalized interest, any part of which is to be guaranteed, not to exceed $610,000,000. In addition, fees authorized to be collected pursuant to sections 5029 and 5030 of the Water Infrastructure Finance and Innovation Act of 2014 shall be deposited in this account, to remain available until expended. In addition, for administrative expenses to carry out the direct and guaranteed loan programs, notwithstanding section 5033 of the Water Infrastructure Finance and Innovation Act of 2014, $5,000,000, to remain available until September 30, 2019.132 STAT. 669
Pub. L. 115-141, div. G, tit. II, under "Water Infrastructure Finance and Innovation Program Account": Water Infrastructure Finance and Innovation Program Account | Justis AI