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Bill > S505


MA S505

Relative to funding water infrastructure and addressing economic target areas


summary

Introduced
03/29/2021
In Committee
03/07/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to fund water infrastructure and addressing economic target areas. Environment, Natural Resources and Agriculture.

AI Summary

This bill aims to address the Commonwealth's water infrastructure needs. It establishes the Commonwealth Water Infrastructure Trust Fund, which will be funded by additional fees collected on water and sewer service connections. The fund will be used to: 1) distribute 50% of the collected fees proportionately to cities and towns for local water infrastructure improvements; 2) provide 40% to the Massachusetts Clean Water Trust for water infrastructure project financing; 3) allocate 5% to the Department of Environmental Protection for an economic target area water infrastructure initiative; and 4) use 5% for the Department of Revenue's administration and enforcement of the act. The bill also requires annual reporting by municipalities on the use of the trust fund monies.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (1)

Last Action

Bill reported favorably by committee and referred to the committee on Senate Ways and Means (on 03/07/2022)

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