Bill
LC 3835
Overview: Bill Number: LC 3835, Title: Revise infrastructure revolving loan program, Status: (LC) Draft Died in Process, Introduced: December 15, 2024Purpose and Intent: The goal o
Overview: Bill Number: LC 3835, Title: Revise infrastructure revolving loan program, Status: (LC) Draft Died in Process, Introduced: December 15, 2024
Purpose and Intent: The goal of this bill is to revise the state's infrastructure revolving loan program to provide more funding and flexibility for local infrastructure projects.
Key Provisions:
- Increases the total funding available in the infrastructure revolving loan program
- Expands the types of eligible infrastructure projects that can receive loans
- Streamlines the application and approval process for local governments seeking loans
Affected Parties and Impacts:
- Local governments that could apply for and receive loans from the expanded infrastructure revolving loan program
- Communities that would benefit from the infrastructure improvements funded by the loans
Procedural and Timeline Considerations:
- This bill was in the draft (LC) stage and did not advance further in the legislative process before the session ended.
Compiled from official sources — confirm details with the bill’s official record.
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