BOUCHER (Co-sponsors), GAMBARO, THOMPSON (72), KENNEDY AND HILGEMANN.
Read 1st time January 11, 2000, and 1000 copies ordered printed.
ANNE C. WALKER, Chief Clerk
AN ACT
To amend chapter 701, RSMo, relating to state standards by adding thereto one new section relating to lead abatement.
Section A. Chapter 701, RSMo, is amended by adding thereto one new section, to be known as section 701.337, to read as follows:
701.337. 1. By July 1, 2001, the department shall develop an administrative plan for implementing a program that provides financial assistance to owners of dwellings or child-occupied facilities for performing lead abatement projects.
2. The program shall accept applications for loans from such owners to perform any lead abatement project that conforms with the requirements of sections 701.300 to 701.338, and any rules promulgated thereunder.
3. The department shall evaluate plans developed by applicants for lead abatement projects and shall give preference in making loans to such projects that will have the most significant impact in protecting the health of occupants of the dwelling or child-occupied facility.
4. Using the fund created in subsection 6 of this section, the department shall provide loans for the cost of performing a lead abatement project. The department shall establish the maximum amount, interest rate and terms of repayment for each loan agreement established pursuant to this section. In establishing the repayment schedule, the department shall consider the impact of the project on the health of the occupants of the subject dwelling or child-occupied facility and the ability of the applicant to repay the loan.
5. Any applicant who receives a loan pursuant to this section shall:
(1) Remit payments on the repayment schedule established by the department;
(2) Agree to perform the lead abatement project in accordance with the requirements of sections 701.300 to 701.338, and any rules promulgated thereunder;
(3) Provide reasonable data requested by the department on the progress of such lead abatement project; and
(4) Allow for reasonable inspections by the department of the dwelling or child-occupied facility that is the subject of such lead abatement project.
6. There is hereby established in the state treasury the "Missouri Lead Abatement Loan Fund". The state
treasurer shall receive and deposit to the credit of the fund moneys from appropriations by the general assembly,
repayments by applicants of loans made pursuant to this section, including interest on such loans, and gifts,
bequests, donations or any other payments made by any public or private entity for use in carrying out the
provisions of this section. The state treasurer shall deposit all moneys in the fund in any of the qualified
depositories of the state. All such deposits shall be secured in such a manner and shall be made upon such terms
and conditions as are now or may hereafter be provided by law relative to state deposits. Interest accrued by the
fund shall be credited to the fund. Notwithstanding the provisions of section 33.080, RSMo, to the contrary,
moneys in the fund shall not revert to the credit of the general revenue fund at the end of the biennium. The fund
shall be used solely for the purposes of this section and for no other purpose.
Missouri House of Representatives