33 USC 1381 – Grants to States for establishment of revolving funds
(a) General authority
Subject to the provisions of this subchapter, the Administrator shall make capitalization grants to each State for the purpose of establishing a water pollution control revolving fund to accomplish the objectives, goals, and policies of this chapter by providing assistance for projects and activities identified in section 1383(c) of this title.
(b) Schedule of grant payments
Terms Used In 33 USC 1381
- pollution: means the man-made or man-induced alteration of the chemical, physical, biological, and radiological integrity of water. See 33 USC 1362
- State: means a State, the District of Columbia, the Commonwealth of Puerto Rico, the Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, and the Trust Territory of the Pacific Islands. See 33 USC 1362
The Administrator and each State shall jointly establish a schedule of payments under which the Administrator will pay to the State the amount of each grant to be made to the State under this subchapter. Such schedule shall be based on the State’s intended use plan under section 1386(c) of this title, except that—
(1) such payments shall be made in quarterly installments, and
(2) such payments shall be made as expeditiously as possible, but in no event later than the earlier of—
(A) 8 quarters after the date such funds were obligated by the State, or
(B) 12 quarters after the date such funds were allotted to the State.