Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES. (DEAD)
Summary
The bill would let cities, towns, and other local districts apply for loans of up to $1 million to fix or rebuild dams. Loans could be paid back over 5 to 30 years, but not longer than the dam’s useful life, and the state could require matching funds or offer loan forgiveness. It aims to give local governments a financing tool to address aging infrastructure.
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