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RSA 485-H:5 · Loan Principal Forgiveness Based Upon Need

Title
L: WATER MANAGEMENT AND PROTECTION
Chapter
485-H · PER AND POLYFLUOROALKYL SUBSTANCES (PFAS) FUND AND PROGRAMS
Status
current
Official source linked
Yes
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485-H:5 Loan Principal Forgiveness Based Upon Need. –

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I.

The department shall forgive up to 10 percent of the loan principal to municipalities, community water systems and non-profit, non-transient non-community water systems using the same qualifying standards for forgiveness used in the drinking water state revolving loan program established under RSA 486:14.

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II.

The department shall forgive up to 10 percent of the loan principal for publicly-owned and non-profit wastewater treatment facilities using the same qualifying standards for forgiveness used in the clean water state revolving loan program established under RSA 486:14.

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III.

Total loan forgiveness under this section shall not exceed $5 million. Source. 2020, 30:4, eff. July 23, 2020. 2021, 223:7, eff. Aug. 24, 2021.

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Source note

Source. 2020, 30:4, eff. July 23, 2020. 2021, 223:7, eff. Aug. 24, 2021.

Source history

  • 2020, 30:4, eff. July 23, 2020
  • 2021, 223:7, eff. Aug. 24, 2021