(a) The purpose of this part is to:

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Terms Used In Tennessee Code 68-221-1202

  • Federal act: means the Safe Drinking Water Act, or Title XIV of the Public Health Service Act (42 U. See Tennessee Code 68-221-1203
  • Loan: means loans, loan guarantees, or a source of reserve and security for leveraged loans. See Tennessee Code 68-221-1203
  • State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
(1) Facilitate statewide compliance with state and federal drinking water standards;
(2) Provide Tennessee water systems with low-cost loans and other financial assistance for system improvements through the creation of a self-sustaining revolving loan program so as to improve drinking water systems; and
(3) Enable the department to receive and use federal funds for the loan program and other purposes, including, but not limited to, technical assistance, authorized by the federal act.
(b) It is intended that the drinking water revolving loan program be used in coordination with state and federal assistance programs.
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