{"data":{"id":"us-ky/krs-224a.308","jurisdiction":"us-ky","citation":"KRS 224A.308","heading":"Establishment of program to detect water loss from distribution lines or","body":"develop or maintain asset management plans -- Loans forgiven.\n(1) The authority shall establish a program to assist governmental agencies in detecting\nwater loss from d istribution lines or develop or maintain asset management plans.\nThis may include contracting with third parties to conduct water loss audits, the\ncreation of asset management plans, and leak detection. The assistance may include\ngiving low interest loans,  on a priority basis established by the authority consistent\nwith the findings and purposes set out in KRS 224A.300, for the repair or\nreplacement of distribution facilities, deemed reasonable by the authority,\nundertaken as a result of the water loss audit.\n(2) The authority may forgive any amount of a distribution facility repair or\nreplacement loan from the authority remaining unpaid if:\n(a) Within five (5) years of entering into the loan agreement the governmental\nagency merges with or consolidates with  at least one (1) other public or\nprivate water system; and\n(b) The merger or consolidation is consistent with a water management planning\ncouncil plan as reviewed and prioritized under KRS 151.607.","path":["KRS Chapter 224A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=54164","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:52:43Z","sha256":"1ddb846308c9b39b006d295134c975ebe5cf9887aff110ae18cc488ee621fa3e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-224a.306","next":"us-ky/krs-224a.310"},"notice":"GroundRules: Original legal text. Not legal advice."}