Mississippi Administrative Code › Title 33 - Public Health - Local Governments And Rural Water Systems Improvements Board › Part 17 - Drinking Water Systems Improvements Revolving Loan Fund Program Regulations DW SRF Base Intended Use Plan › Appendix - APPENDICES › Appendix 33-17-K - INFRASTRUCTURE INVESTMENT AND JOBS ACT

Current through June 25, 2024
Sections of the Infrastructure Investment and Jobs Act (H.R.
				  3684) that impact the Drinking Water SRFs:
I. Funding
The bill appropriates $30.713 billion for the Drinking Water
				  State Revolving Funds (SRFs) over five years. (This is actual funding.) (See
				  Division J - Appropriations, Title VI Department of Interior, Environment and
				  Related Agencies, State and Tribal Assistance Grants: Starts on page 2,565 of
				  the bill.)
II. Reauthorization & Policy
The bill includes The Drinking Water and Wastewater
				  Infrastructure Act (S. 914) which reauthorizes funding levels for the SRFs and
				  amends SRF provisions in the Clean Water Act and the Safe Drinking Water Act.
				  (See Division E - Drinking Water and Wastewater Infrastructure: Starts with
				  Section 50001 on page 1,887 of the bill.)
III. Buy America / Buy American
The bill expands domestic preference procurement provisions
				  for programs across government, including the SRFs. (See Division G - Other
				  Authorizations, Title IX Build America, Buy America: Starts with 70901 on page
				  2,303 of the bill.)
I. Funding
The bill provides three pots of funding for SRFs over the
				  next five years:
* Any Eligible Project:
* $11,713,000,000 for the Drinking Water SRF for any eligible
				  project.
* Lead Remediation:
* $15 billion for the Drinking Water SRF for lead service
				  line replacement, including planning, identification, and design (includes
				  inventories).
* Emerging Contaminants Remediation:
* $4 billion for remediation of emerging contaminants with a
				  focus on PFAS/PFOA for the Drinking Water SRF.
Key points for this supplemental appropriation:
* Funding is intended to be in addition to annual
				  appropriations.
* Funding is available "until expended."
* State match is not required for appropriations dedicated to
				  lead service line replacement and remediation of emerging contaminants.
* State match is 10% for 2022-2023 and 20% for 2024-2026 for
				  appropriations for any eligible project.
* 100% of the capitalization grant for emerging contaminants
				  must be used for additional subsidy. A flat 49% of the annual capitalization
				  grant for any eligible project and lead service line replacement must be used
				  for additional subsidy.
* Additional subsidy must be provided in the form of
				  assistance agreements with 100% principal forgiveness or grants.
Year
Drinking Water SRF Any
								Eligible Project
State Match
Mandated Additional Subsidy
2022
$1,902,000,000
10%
49%
2023
$2,202,000,000
10%
49%
2024
$2,403,000,000
20%
49%
2025
$2,603,000,000
20%
49%
2026
$2,603,000,000
20%
49%
Total
$11,713,000,000
Year
Drinking Water SRF Emerging
								Contaminants
State Match
Mandated Additional
								Subsidy
2022
$800,000,000
0%
100%
2023
$800,000,000
0%
100%
2024
$800,000,000
0%
100%
2025
$800,000,000
0%
100%
2026
$800,000,000
0%
100%
Total
$4,000,000,000
Year
Drinking Water SRF
								Lead
State Match
Mandated Additional
								Subsidy
2022
$3,000,000,000
0%
49%
2023
$3,000,000,000
0%
49%
2024
$3,000,000,000
0%
49%
2025
$3,000,000,000
0%
49%
2026
$3,000,000,000
0%
49%
Total
$15,000,000,000
Total
$30,713,000,000
II. Reauthorization & Policy
The bill includes The Drinking Water and Wastewater
				  Infrastructure Act of 2022 (S. 914) which passed the U.S. Senate on Thursday,
				  April 29, by a vote of 89 - 2 (9 not voting). The bill contained the following
				  provisions. (Policy provisions apply to annual appropriations, not supplemental
				  appropriations in the bill.)
Funding
* Reauthorizes Drinking Water SRFs at the same levels for the
				  next five years:
* 2022: $2.4 billion
* 2023: $2.75 billion
* 2024: $3 billion
* 2025 and 2026: $3.25 billion
* Reauthorizes SWIFIA: $5 million annually for the next five
				  years, 2023 through 2026.
Additional Subsidy
* Defines additional subsidization as "forgiveness of
				  principal, grants, negative interest loans, other loan forgiveness, and through
				  buying, refinancing, or restructuring debt" for both SRFs and excludes loans
				  with 0% or higher interest are not additional from being considered additional
				  subsidy.
* Mandates minimum additional subsidy for as long as there
				  are eligible applications:
* Drinking Water SRFs: Increases additional subsidy from 6%
				  to 12% of the capitalization grant for additional subsidy for disadvantaged
				  communities.
III. Buy America / Buy American
The legislation also expands domestic preference procurement
				  requirements for SRF projects from American Iron and Steel to construction
				  materials and manufactured products.