California Health and Safety Code ARTICLE 7 - Safe Drinking Water State Revolving Fund Management

• Section 116761.62.
  (a) To the extent permitted by federal and state law, moneys in the fund may be expended to rebate to the federal government all arbitrage profits...
• Section 116761.65.
  (a) The board shall establish, and may periodically adjust, the interest rate for repayable financing made pursuant to this chapter at a rate not to exceed...
• Section 116761.70.
  (a) The Safe Drinking Water State Revolving Fund Administration Fund is hereby created in the State Treasury.(b) The following moneys shall be deposited into the administration fund:(1) Moneys...
• Section 116761.85.
  (a) Moneys repaid to the state pursuant to any contract executed pursuant to this chapter, including interest payments and all interest earned on or accruing to...
• Section 116761.86.
  To the extent amounts in the fund are not required for current obligation or expenditure, those amounts shall be invested in interest bearing obligations, and...

Last modified: October 22, 2018