Establishes a fund to finance water infrastructure projects and targets economic development areas.

The bill creates a Commonwealth Water Infrastructure Trust Fund to support water infrastructure projects. It mandates that 50% of the fund's collected fees be distributed to cities and towns based on the previous year's additional fees. Another 40% goes to the Massachusetts Clean Water Trust for water infrastructure projects, while 5% is allocated to the Department of Environmental Protection for an economic target area water infrastructure initiative. The Department of Revenue will manage the fund, ensuring that unspent funds do not revert to the General Fund.

Establishes a fund to finance water infrastructure projects and targets economic development areas.

The bill creates a Commonwealth Water Infrastructure Trust Fund to support water infrastructure projects. It mandates that 50% of the fund's collected fees be distributed to cities and towns based on the previous year's additional fees. Another 40% goes to the Massachusetts Clean Water Trust for water infrastructure projects, while 5% is allocated to the Department of Environmental Protection for an economic target area water infrastructure initiative. The Department of Revenue will manage the fund, ensuring that unspent funds do not revert to the General Fund.