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Bill expands eligibility for low‑interest state water loans to certain non‑government water authorities
Summary
Senators advanced SB420 to let non‑government water and sewer authorities (including some private or quasi‑public utilities) apply for Natural Resources Commission low‑interest loans; sponsors said the change would help systems finance upgrades without large rate shocks.
Sen. Bart Hester told the Insurance & Commerce Committee that Senate Bill 420 makes nongovernment water and sewer authorities eligible to apply for low‑interest loans administered through the Arkansas Department of Agriculture’s Natural Resources Commission. The bill does not add eligibility for principal forgiveness, sponsors said.
Hester said the change would let entities such…
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