AN ACT relating to investor-owned water utilities.

This bill amends Kentucky law to clarify that investor-owned water utility systems are eligible to receive financial assistance from the state's infrastructure revolving fund. The legislation specifically updates the legal text to include these utilities alongside governmental agencies for infrastructure construction and acquisition projects. The bill establishes clear rules for how the fund operates, including loan terms, interest rate limits, and requirements that funds remain separate and dedicated to their stated purposes. It also allows the fund to supplement existing federal wastewater assistance programs and mandates that the state authority inform eligible entities about available funding options.