AN ACT AMENDING THE CHARTER OF THE SOUTH CENTRAL CONNECTICUT WATER AUTHORITY.

HB 5277 amends the charter of the South Central Connecticut Water Authority to allow the organization to invest in or conduct noncore businesses, provided such investments stay within specific financial limits approved by its policy board. The bill also updates the legal definitions used in the authority's governing documents to clarify terms like "customer," "properties," and "water supply system." These changes directly affect the regional water authority and its members by expanding its operational flexibility while maintaining oversight on financial activities.