DEQ rulemaking announcement

DETP/19/1866

''Tuesday, July 2, 2019 at 10:43:59 AM (GMT+07:00) Goldstein, Meyer:'' DEQ 5-2009 (temp) ''Wednesday, June 26, 2019 at 3:14:43 PM (GMT+07:00) Goldstein, Meyer:'' Rule Caption: Temporary Rule: Amend the Clean Water State Revolving Fund Rules. Adm. Order No.: DEQ 5-2009(Temp) Filed with Sec. of State: 9-3-2009 Certified to be Effective: 9-4-09 thru 2-28-10 Notice Publication Date: Rules Adopted: 340-054-0110, 340-054-0112, 340-054-0114, 340-054-0116, 340-054-0118 Subject: The rule revisions allow the Department of Environmental Quality to set aside a portion of the state fiscal year 2010 funds available under the Clean Water State Revolving Fund program for a special reserve. This reserve will provide funding for new project and also provide a financial incentive during the current economic downturn. The current administrative rules direct DEQ to provide increases to existing loans first. Typically, funds available during a fiscal year are adequate to fund only a few new projects as there is continual demand for loan increases to exiting projects. This rule will ensure funding from the special reserve is available to new projects, rather than exclusively funding increases to existing projects.