Section 13483 Of Chapter 6.5. State Water Pollution Control Revolving Fund From California Water Code >> Division 7. >> Chapter 6.5.
13483
. (a) To the extent permitted by federal and state law, moneys
in the fund may be used to rebate to the federal government all
arbitrage profits required by the federal Tax Reform Act of 1986
(Public Law 99-514), or any amendment thereof or supplement thereto.
To the extent that this use of the moneys in the fund is prohibited
by federal or state law, any rebates required by federal law shall be
paid from the General Fund or other sources, upon appropriation by
the Legislature.
(b) Notwithstanding any other provision of law or regulation, the
board may enter into contracts, or may procure those services and
equipment, which may be necessary to ensure prompt and complete
compliance with any provisions relating to the fund imposed by either
the federal Tax Reform Act of 1986 (Public Law 99-514) or the
federal Clean Water Act.