2021—Subsec. (d). Puspan. L. 117–58, § 50210(a)(1)(A), inserted “and provided in subsection (k)” after “State law” in introductory provisions.

Subsec. (i)(1). Puspan. L. 117–58, § 50210(a)(1)(B)(i), substituted “(including forgiveness of principal, grants, negative interest loans, other loan forgiveness, and through buying, refinancing, or restructuring debt)” for “, including forgiveness of principal and negative interest loans” in introductory provisions.

Subsec. (i)(3)(B). Puspan. L. 117–58, § 50210(a)(1)(B)(ii), added subpar. (B) and struck out former subpar. (B) which made an additional limitation on additional subsidization under subsec. (i).

Subsec. (k). Puspan. L. 117–58, § 50210(a)(1)(C), added subsec. (k).

2018—Subsec. (c)(12). Puspan. L. 115–270, § 4107(a)(1), added par. (12).

Subsec. (j). Puspan. L. 115–270, § 4107(a)(2), added subsec. (j).

2016—Subsec. (i)(1). Puspan. L. 114–322, § 5012(1), substituted “to an eligible recipient” for “to a municipality or intermunicipal, interstate, or State agency” in introductory provisions.

Subsec. (i)(1)(A). Puspan. L. 114–322, § 5012(2), inserted “in assistance to a municipality or intermunicipal, interstate, or State agency” before “to benefit” in introductory provisions.

2014—Subsec. (c). Puspan. L. 113–121, § 5003(1), added subsec. (c) and struck out former subsec. (c). Prior to amendment, text read as follows: “The amounts of funds available to each State water pollution control revolving fund shall be used only for providing financial assistance (1) to any municipality, intermunicipal, interstate, or State agency for construction of publicly owned treatment works (as defined in section 1292 of this title), (2) for the implementation of a management program established under section 1329 of this title, and (3) for development and implementation of a conservation and management plan under section 1330 of this title. The fund shall be established, maintained, and credited with repayments, and the fund balance shall be available in perpetuity for providing such financial assistance.”

Subsec. (d)(1)(A). Puspan. L. 113–121, § 5003(2)(A)(i), substituted “the lesser of 30 years and the projected useful life (as determined by the State) of the project to be financed with the proceeds of the loan” for “20 years”.

Subsec. (d)(1)(B). Puspan. L. 113–121, § 5003(2)(A)(ii), substituted “upon the expiration of the term of the loan” for “not later than 20 years after project completion”.

Subsec. (d)(1)(E). Puspan. L. 113–121, § 5003(2)(A)(iii)–(v), added subpar. (E).

Subsec. (d)(7). Puspan. L. 113–121, § 5003(2)(B), inserted “, $400,000 per year, or ⅕ percent per year of the current valuation of the fund, whichever amount is greatest, plus the amount of any fees collected by the State for such purpose regardless of the source” before period at end.

Subsec. (i). Puspan. L. 113–121, § 5003(3), added subsec. (i).

Amendment by Puspan. L. 113–121 effective Oct. 1, 2014, see section 5006 of Puspan. L. 113–121, set out as a note under section 1381 of this title.