Establishes a Water Infrastructure Improvement Fund to provide grants for municipal water infrastructure maintenance and improvements.
The bill establishes a Water Infrastructure Improvement Fund to provide grants for municipal water infrastructure maintenance and improvements. It outlines a formula for allocating funds based on road miles, population, and employment factors. The Massachusetts Clean Water Trust will administer the fund and reimburse local governments for eligible projects. The fund will be financed by bonds payable from the General Fund, with a maximum term of 30 years.
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