Don't Sell Off Our Clean Water Funds
Dear Senator,
As your constituent, I urge you to keep the integrity of the Georgia Fund intact. Under the auspices of the Georgia Environmental Facilities Authority, the Georgia Fund has provided more than $594 million in low-interest loans to local governments and water authorities for water and sewer projects over the last five years. Federal funding sources cannot replace this revolving loan program. Allowing the selling off as a bond package, or securitization, of these funds could harm our clean water supply, lead to higher water bills and eliminate job opportunities.
Recently, House Bill 244, whose original intent was to authorize the renaming of the Georgia Environmental Facilities Authority, was amended to authorize GEFA to proceed with the selling off of these funds.
I urge you to vote NO on HB 244 unless the amended portions of Section 2 are removed.
Sincerely,
Your name and address here
