2001 Session

Budget Amendments - SB800 (Committee Approved)

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Cleanup Funds for the Environment (language only)

Item 415 #4s

Item 415 #4s

Natural Resources
Environmental Quality, Department of

Page 386, after line 16, insert:
"M.1.  The Department of Environmental Quality shall work with the Virginia Resources Authority and the Department of Business Assistance to establish a low-interest loan program for private facilities or companies to implement water quality improvement projects or other environmental enhancement projects.
2.  The Department shall also work with the federal Environmental Protection Agency and other appropriate local, state, federal, and nonstate agencies to direct any federal penalties or Supplemental Environmental Projects imposed on Virginia companies to this project and to seek funds from other available sources.
3.  Loans for projects to address water quality problems associated with nutrient enriched waters shall be afforded the highest priority under the program.  Loans shall also be made to wastewater treatment plants and to companies providing services to such facilities, if these entities demonstrate environmental stewardship through participation in Virginia's Environmental Excellence Program or reduce discharges to waterways beyond the regulatory limits set by their state or federal permits."

(This amendment promotes environmental stewardship by assisting companies to reduce the impacts of their discharges into environmentally sensitive areas. It is anticipated that this program could be administered either by the Virginia Resources Authority or by the Department of Business Assistance through existing statutory authority.)