WASHINGTON -- House and Senate conferees agreed last week to provide $2.74 billion in fiscal 1995 for the state revolving loan fund programs that help finance drinking water and wastewater treatment facilities.

The spending bill would provide a total of $2.96 billion for the Environmental Protection Agency's water infrastructure initiatives, including the $2.74 billion for the revolving loan funds. Of the $2.74 billion, $2.14 billion would go to help finance state wastewater treatment plants and $700 million would go to a proposed revolving fund for drinking water facilities.

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