H.R.1980 - Rural Community Water Pollution Control Assistance Act of 1993103rd Congress (1993-1994)
Summary: H.R.1980 — 103rd Congress (1993-1994)
Introduced in House (05/05/1993)
Rural Community Water Pollution Control Assistance Act of 1993 - Amends the Federal Water Pollution Control Act with respect to the use of a State water pollution control revolving fund to: (1) allow loans for terms of up to 40 years in the case of loans to economically distressed rural communities (EDRCs); (2) allow annual interest payments on such loans to commence within three years after completion of the water control project in the case of loans to EDRCs; and (3) require no less than 15 percent of the funds deposited into the revolving fund after the date of enactment of this Act to be used to make loans to EDRCs. Authorizes the use of such revolving fund for providing technical assistance to EDRCs in the operation, management, and maintenance of waste water treatment works. Defines an EDRC as a rural community in which the: (1) median household income is less than 75 percent of such income statewide; or (2) rate of poverty is greater than the national poverty rate.
Increases the percentage of such revolving fund authorized to be used for administrative expenses to four and one-half percent of the total funds.