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The Council supported the establishment of a State Fund for water development

The Verkhovna Rada supported the establishment of a State Fund for water development.

The corresponding norm is envisaged in the draft law on amendments to the Budget code (No. 7116), adopted in plenary on Thursday.

According to the document, funds of the state Fund for water development directed on financial provision of operation of water-economic complex, the construction and reconstruction of reclamation systems, protection from the harmful effect of waters of rural settlements and agricultural lands, centralized water supply of rural settlements using imported water, modernization and development of water facilities.

The use of funds of the state Fund of development of water management determined by the Cabinet of Ministers. His funding will be allocated 10% of the rental fee for special use of water (in addition to the rental fee for special use of water of water objects of local importance) .

According to the State Treasury service, in 2016, the rental fee for special use of water was 576,1 million UAH for 10 months of 2017 – 85,7 million.

As reported, the Verkhovna Rada on Thursday passed by 265 votes with a required minimum of 226 votes in the second reading the law on amendments to the Budget code (No. 7116), which is part of a package of bills necessary for the adoption of the budget in 2018.

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