A water and wastewater service regionalization account is established within the infrastructure revolving fund. The purpose of the account shall be to enhance the effectiveness, reliability, and resilience of the state‘s water and wastewater systems, and where inefficiencies exist, to eliminate structural and administrative duplication of infrastructure and service delivery systems, by using a variety of tools, including but not limited to regionalization, merger, and consolidation. The authority shall manage the account as funding is authorized by the General Assembly and in a manner to achieve the purposes set out in KRS § 224A.300.
Effective: June 29, 2023
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Terms Used In Kentucky Statutes 224A.304

  • Authority: means the Kentucky Infrastructure Authority, which is created by this chapter. See Kentucky Statutes 224A.011
  • Infrastructure revolving fund: means that fund which will receive state funds, the proceeds from the sale of revenue bonds of the authority or other moneys earmarked for that fund for the purpose of providing loans or grants to finance construction or acquisition of infrastructure projects as defined in this section. See Kentucky Statutes 224A.011
  • State: means the Commonwealth of Kentucky. See Kentucky Statutes 224A.011
  • Wastewater: means any water or liquid substance containing sewage, industrial waste, or other pollutants or contaminants derived from the prior use of these waters. See Kentucky Statutes 224A.011

History: Amended 2023 Ky. Acts ch. 179, sec. 4, effective June 29, 2023. — Created
2000 Ky. Acts ch. 529, sec. 7, effective July 14, 2000.

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