# Tenn. Code Ann. § 68-221-1004: Wastewater facility revolving loan fund > Tennessee · Statutes · In force URL: https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-1004 ## Section - **Citation:** Tenn. Code Ann. § 68-221-1004 - **Heading:** Wastewater facility revolving loan fund - **Jurisdiction:** Tennessee - **Kind:** Statutes - **Status:** In force - **Text as of:** August 14, 2026 - **Source:** Compiled text - **Location:** TN Code / Title 68 / Chapter 221 / Section 68-221-1004 ## Text (a) (1) There is created in the state treasury a revolving loan fund to be known as the "wastewater facility revolving loan fund." (2) The authority shall administer the fund and shall adopt rules and regulations for such administration. (3) All interest and earnings of the fund shall remain a part of the fund. (4) No part of the fund shall revert to the general fund on any June 30, but shall remain a part of the fund available for expenditure in accordance with this part. (5) The authority may charge and collect from local governments administrative fees and expenses, including, but not limited to, reimbursement of all cost of financing by the authority that the authority determines to be reasonable and required. These fees and expenses shall not become part of the fund. (b) (1) The authority shall deposit in the fund all receipts from the repayment of loans made pursuant to this part. (2) The fund shall be established, maintained and credited with repayments, and the fund balance shall be available in perpetuity for providing such loans, pursuant to §§ 68-221-1001 - 68-221-1006. (c) The department shall deposit in the fund federal funds allocated to the state pursuant to the Clean Water Act ( 33 U.S.C. § 1251 et seq.), which have been determined by the department to be for the purpose of making loans to local governments and for which state matching funds are available. (d) (1) The department shall recommend annually to the general assembly the appropriate state funds necessary for the receipt of all available matching federal funds. (2) State money appropriated to the department or to the authority to carry out this part may be used, in addition to other purposes, to match federal funds allocated to the state pursuant to the Clean Water Act for the purpose of making loans to local governments. (e) The department shall deposit into the fund any federal funds allocated to the state to make loans and to subsidize loans made under the program authorized by this part. Acts 1987, ch. 299, § 4; T.C.A., § 68-13-1004; Acts 2009 , ch. 224, § 1; 2009 , ch. 402, § 1; 2010 , ch. 1114, § 3. (a) (1) There is created in the state treasury a revolving loan fund to be known as the "wastewater facility revolving loan fund." (2) The authority shall administer the fund and shall adopt rules and regulations for such administration. (3) All interest and earnings of the fund shall remain a part of the fund. (4) No part of the fund shall revert to the general fund on any June 30, but shall remain a part of the fund available for expenditure in accordance with this part. (5) The authority may charge and collect from local governments administrative fees and expenses, including, but not limited to, reimbursement of all cost of financing by the authority that the authority determines to be reasonable and required. These fees and expenses shall not become part of the fund. (1) There is created in the state treasury a revolving loan fund to be known as the "wastewater facility revolving loan fund." (2) The authority shall administer the fund and shall adopt rules and regulations for such administration. (3) All interest and earnings of the fund shall remain a part of the fund. (4) No part of the fund shall revert to the general fund on any June 30, but shall remain a part of the fund available for expenditure in accordance with this part. (5) The authority may charge and collect from local governments administrative fees and expenses, including, but not limited to, reimbursement of all cost of financing by the authority that the authority determines to be reasonable and required. These fees and expenses shall not become part of the fund. 30, but shall remain a part of the fund available for expenditure in accordance with this part. (5) The authority may charge and collect from local governments administrative fees and expenses, including, but not limited to, reimbursement of all cost of financing by the authority that the authority determines to be reasonable and required. These fees and expenses shall not become part of the fund. (b) (1) The authority shall deposit in the fund all receipts from the repayment of loans made pursuant to this part. (2) The fund shall be established, maintained and credited with repayments, and the fund balance shall be available in perpetuity for providing such loans, pursuant to §§ 68-221-1001 - 68-221-1006. (1) The authority shall deposit in the fund all receipts from the repayment of loans made pursuant to this part. (2) The fund shall be established, maintained and credited with repayments, and the fund balance shall be available in perpetuity for providing such loans, pursuant to §§ 68-221-1001 - 68-221-1006. (c) The department shall deposit in the fund federal funds allocated to the state pursuant to the Clean Water Act ( 33 U.S.C. § 1251 et seq.), which have been determined by the department to be for the purpose of making loans to local governments and for which state matching funds are available. (d) (1) The department shall recommend annually to the general assembly the appropriate state funds necessary for the receipt of all available matching federal funds. (2) State money appropriated to the department or to the authority to carry out this part may be used, in addition to other purposes, to match federal funds allocated to the state pursuant to the Clean Water Act for the purpose of making loans to local governments. (1) The department shall recommend annually to the general assembly the appropriate state funds necessary for the receipt of all available matching federal funds. (2) State money appropriated to the department or to the authority to carry out this part may be used, in addition to other purposes, to match federal funds allocated to the state pursuant to the Clean Water Act for the purpose of making loans to local governments. (e) The department shall deposit into the fund any federal funds allocated to the state to make loans and to subsidize loans made under the program authorized by this part. Acts 1987, ch. 299, § 4; T.C.A., § 68-13-1004; Acts 2009 , ch. 224, § 1; 2009 , ch. 402, § 1; 2010 , ch. 1114, § 3. ## Nearby sections - [Tenn. Code Ann. § 68-221-101 Part definitions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-101.md) - [Tenn. Code Ann. § 68-221-102 Supervision over construction of water supply and sewerage systems - Certification of local standards](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-102.md) - [Tenn. Code Ann. § 68-221-103 Supervision of operation and maintenance of water and sewerage systems - Notice to persons served of noncompliance with regulations](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-103.md) - [Tenn. Code Ann. § 68-221-104 Cross connections, auxiliary intakes, by-pass or interconnections to be approved - Drain lines or conduits carrying wastes not to enter water supply](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-104.md) - [Tenn. Code Ann. § 68-221-105 Defects in water supply or sewerage system ordered corrected when health menace](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-105.md) - [Tenn. Code Ann. § 68-221-106 Review of order to correct - Procedure - Injunctive relief](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-106.md) - [Tenn. Code Ann. § 68-221-107 Violation of this part a misdemeanor - Penalty](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-107.md) - [Tenn. Code Ann. § 68-221-108 Enforcement](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-108.md) - [Tenn. Code Ann. § 68-221-109 [Repealed]](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-109.md) - [Tenn. Code Ann. § 68-221-201 Part definitions](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-201.md) - [Tenn. Code Ann. § 68-221-202 State grants to municipalities](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-202.md) - [Tenn. Code Ann. § 68-221-203 Allocation of state grants](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-203.md) - [Tenn. Code Ann. § 68-221-204 Contracts between state and municipalities for eligible projects - Provisions and requirements](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-204.md) - [Tenn. Code Ann. § 68-221-205 Sewage treatment works construction account](https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-205.md) --- Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_TN_T68_C221_S68-221-1004. Check the current official text before relying on it. Not legal advice.