AB 10

Under the environmental improvement fund, the state provides financial

assistance to local governmental units for certain projects. The environmental

improvement fund is made up of three programs: the clean water fund program; the

safe drinking water loan program; and the land recycling (brownfields) loan

program, which provides financial assistance for the investigation and remediation

of certain contaminated properties.

The bill eliminates the land recycling loan program, which has not provided

loans since 2008. Under the bill, current law provisions continue to apply to any

outstanding loans under the program that are in repayment. The bill also requires

any unallocated balance of moneys appropriated to the land recycling loan program

to be transferred to the clean water fund program and requires any moneys received

on outstanding loans after the effective date of the bill to be deposited into the clean

water fund program.