Committee approves rural infrastructure revolving loan program bill as amended
House Bill 1200 would create a revolving loan program to help small towns borrow for water, drainage and equipment projects; the committee accepted clarifying amendments, supporters said funding would come from state and federal sources and rules will govern eligibility.
The full story
Representative Butler presented House Bill 1200 to create a rural infrastructure revolving loan program to help small municipalities finance water, drainage and other infrastructure projects through low‑interest loans that replenish a revolving fund.
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