SJR45 - Missouri - SJR45 - Modifies requirements relating to the issuance of grants and loans by the Department of Natural Resources for storm water control

SJR 45 - Currently, sewer districts and water districts in counties of the first classification and the city of St. Louis may receive grants and loans through the Department of Natural Resources for storm water control projects. This constitutional amendment, if approved by the voters, limits the eligibility for sewer and water districts to only those considered "public." The amendment removes the requirement that appropriations for the Stormwater Control Fund may not exceed $20 million in aggregate per fiscal year. Currently, the Department of Natural Resources is required to provide both grants and loans using the funds resulting from the issuance of storm water control bonds, with 50% of the funding to be used for grants and 50% for loans. This amendment removes the percentage requirements as well as the requirement that both forms of financial assistance must be offered together. Additionally, the amendment removes the requirement that grants are limited to 50% of the cost of [...]

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