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Guidance on Fees Charged by States to Recipients of Clean Water State Revolving Fund Program Assistance

water-quality · Rule · Published 2005-10-20 · Effective 2005-10-20 · 70 FR 61039

Document

Document number
05-21014
Federal Register citation
70 FR 61039
CFR reference
40 CFR 35
Type
Rule
Action
Final guidance.
Category
water-quality
Publication date
2005-10-20
Effective date
2005-10-20
EPA docket
FRL-7983-7

Abstract

Title VI of the Clean Water Act (CWA) Amendments of 1987 provides flexibility for States to use four percent of all capitalization grant awards for the reasonable costs of administering their Clean Water State Revolving Fund (CWSRF) programs. Because many States have CWSRF administrative costs which exceed the four percent limit, the U.S. Environmental Protection Agency (EPA) has allowed States to charge fees on CWSRF loans. This guidance addresses the use of fees that are charged on loans and included as principal in loans and the use of fees that are charged on loans but not included as principal in loans. These requirements will be included as terms and conditions in all future grant agreements (or operating agreements).

Source

Authoritative
Federal Register document
Machine
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