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Arizona Revised Statutes Title 49. The Environment § 49-1241. Drinking water revolving fund

Current as of January 01, 2025 | Updated by Findlaw Staff

A. The drinking water revolving fund is established to be maintained in perpetuity consisting of:

1. Monies appropriated by the legislature for the drinking water revolving fund.

2. Monies received for that purpose from the United States government, including capitalization grants.

3. Monies received from the issuance and sale of bonds under § 49-1261.

4. Monies received from drinking water facilities as loan repayment, interest and penalties.

5. Interest and other income received from investing monies in the fund.

6. Gifts, grants and donations received for that purpose from any public or private source.

B. Monies in the fund are continuously appropriated and are exempt from the provisions of § 35-190 relating to lapsing of appropriations.

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Cite this article: FindLaw.com - Arizona Revised Statutes Title 49. The Environment § 49-1241. Drinking water revolving fund - last updated January 01, 2025 | https://codes.findlaw.com/az/title-49-the-environment/az-rev-st-sect-49-1241/

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