Bill > H224

This bill aims to address the significant financial challenges municipalities face in upgrading and maintaining their water, wastewater, and storm water infrastructure, which are crucial for public health, environmental protection, and economic growth. It acknowledges the recent failures in water systems across the Commonwealth and the burden placed on local taxpayers. The bill is informed by the work of the Water Infrastructure Finance Commission, established to create a long-term plan for water infrastructure financing. The Commission has explored various funding mechanisms, including fees, rates, loans, and grants, as well as innovative technologies and potential cost savings through regionalization, to ensure the sustainability of public water systems and recommend changes to relevant laws.