SB 1116 – Authorizes the issuance of an additional $40 million in bonds for certain water-related grants and loans

• Sponsor: Days
• LR Number: 5025S.01P
• Committee: Commerce, Energy and the Environment
• Last Action: 4/28/2008 - Rules - Reported Do Pass
• Journal Page: H1187
• Effective Date: August 28, 2008
• House Handler: Bivins

Current Bill Summary

SB 1116 - This act authorizes the Board of Fund Commissioners, in addition to the amounts authorized prior to August 28, 2008, to issue an additional $10 million in bonds for water pollution control, improvement of drinking water systems, and storm water control projects; an additional $10 million in bonds for rural water and sewer grants and loans; and an additional $20 million in bonds for grants and loans for storm water control in counties of the first classification and St. Louis City.

This act is similar to SCS/SB 391 (2007) and HB 161 (2007).

ERIKA JAQUES