Courtesy Copy_ DEQ rulemaking - EQC Adopts Clean Water State Revolving Fund Rule Amendments

DETP/19/37906

''Monday, July 29, 2019 at 4:11:47 PM (GMT+07:00) Goldstein, Meyer:'' DEQ 18-2017 CHAPTER 340 DEPARTMENT OF ENVIRONMENTAL QUALITY FILED 11/06/2017 10:57 AM ARCHIVES DIVISION SECRETARY OF STATE FILING CAPTION: Clean Water State Revolving Fund Rule Revisions 2017 EFFECTIVE DATE: 11/07/2017 AGENCY APPROVED DATE: 11/03/2017 NOTICE FILED DATE: 07/13/2017 Department of Environmental Quality 340 Agency and Division Administrative Rules Chapter Number Meyer Goldstein (503) 229-6478 Rules Coordinator Telephone Department of Environmental Quality, 700 NE Multnomah St., 6th Floor, Portland, OR 97232 Address RULE CAPTION Clean Water State Revolving Fund 2017 Rulemaking Not more than 15 words that reasonably identifies the subject matter of the agency's intended action. Hearing Date Time Location Hearings Officer 8-15-17 2:00 p.m. Oregon Department of Environmental Quality, 700 NE Multnomah St., Lee Ann Lawrence RULEMAKING ACTION Secure approval of rule numbers with the Administrative Rules Unit prior to filing. ADOPT: AMEND: 340-054-0005 340-054-0010 340-054-0011 340-054-0015 340-054-0022 340-054-0025 340-054-0026 340-054-0036 340-054-0056 340-054-0060 340-054-0065 340-054-0071 340-054-0072 REPEAL: RENUMBER: Secure approval of new rule numbers with the Administrative Rules Unit prior to filing. AMEND AND RENUMBER: Secure approval of new rule numbers with the Administrative Rules Unit prior to filing. Statutory Authority: 468.020 468.440 Other Authority: Statutes Implemented: 468.423 - 468.440 RULE SUMMARY DEQ proposes the following changes to OAR 340, division 54 that will: - Amend Clean Water State Revolving Fund rules to align with amendments to federal law to: o Expand eligible land purchase costs for treatment works construction projects, o Define eligible recipients for additional subsidization, o Incorporate federal regulation requirements for procuring architectural and engineering contracts. - Amend Clean Water State Revolving Fund rules to allow for fiscal and programmatic flexibility to ensure the fund's perpetuity and: o Increase the extension period for applicants to remain on the program's Intended Use Plan, o Establish criteria for refinancing and restructuring loans, o Extend the timeframe for a borrower to request its first loan disbursement, o Require a 30 day prepayment notification from borrowers that intend to prepay a loan, o Offer eligible borrowers an alternate subsidy that is equivalent to principal forgiveness, o Create a principal forgiveness calculation for eligible green projects based on the cost of the green project components, o Clarify and simplify rule language to comply with plain language requirements. - Remove bond purchase language that expired on Feb. 1, 2016. The Agency requests public comment on whether other options should be considered for achieving the rule’s substantive goals while reducing negative economic impact of the rule on business. 08-18-2017 4:00 p.m. Last Day (m/d/yyyy) and Time for public comment Meyer Goldstein meyer.goldstein@state.or.us Rules Coordinator Name Email Address *The Oregon Bulletin is published on the 1st of each month and updates the rule text found in the Oregon Administrative Rules Compilation.