Relating to: bonding for lead service line replacement and granting bonding authority. (FE)

AB 765 creates a state bonding program to fund lead service line replacement for private water users connected to public water systems. It authorizes up to $274.95 million in state bonds (increasing previous limits) and allocates $200 million from bond proceeds to provide forgivable loans covering up to 50% of replacement costs for homeowners. The bill directly affects private residents with lead pipes by reducing their financial burden for replacing hazardous infrastructure. Key provisions include the new bonding authority and the specific allocation for forgivable loans to address public health concerns related to lead in drinking water.