A BILL TO BE ENTITLED
AN ACT TO AUTHORIZE THE ISSUANCE OF SPECIAL INDEBTEDNESS TO ADDRESS STATEWIDE CRITICAL INFRASTRUCTURE NEEDS BY PROVIDING FUNDS FOR GRANTS TO LOCAL GOVERNMENT UNITS FOR WATER SUPPLY SYSTEMS, WASTEWATER COLLECTION SYSTEMS, WASTEWATER TREATMENT WORKS, AND WATER CONSERVATION AND WATER REUSE PROJECTS.
The General Assembly of North Carolina enacts:
SECTION 1.  Short title. – This act is the "Clean Water Act of 2004."
SECTION 2.  Purpose. – It is the intent of the General Assembly by this act to provide for the issuance of special indebtedness of the State pursuant to Article 9 of Chapter 142 of the General Statutes and to provide that the proceeds realized from the indebtedness shall be used for the following purposes:
(1)	To provide State matching funds required to receive federal wastewater or water supply assistance funds.
(2)	To provide additional funding for the Clean Water Management Trust Fund established in Article 18 of Chapter 113A of the General Statutes.
(3)	To provide additional funding for the Clean Water Revolving Loan and Grant Fund established in Chapter 159G of the General Statutes.
(4)	To provide funding by grants to local government units for wastewater treatment and water supply and distribution needs.
SECTION 3.  This act is effective when it becomes law.