Permitting access to funding for public water utilities subject to PSC's jurisdiction

SB 815 allows public water utilities regulated by the West Virginia Public Service Commission (PSC) to access loans and grants from the Water Development Authority, including non-governmental public utilities (such as private or non-profit providers). The bill establishes procedures for the Water Development Authority to provide funding from the Critical Needs and Failing Systems Sub Account and outlines requirements for loan agreements and property transfers. It also mandates that public utilities maintain their systems and ensures adequate funding mechanisms are in place for infrastructure projects. This bill directly affects public water systems under PSC jurisdiction by expanding their access to state funding for water infrastructure improvements.