An Act relative to municipal assistance for clean water and economic development infrastructure

This bill creates a new $1 billion fund called the Water Infrastructure Improvement Fund to help Massachusetts cities and towns pay for clean water projects. The money will specifically support the maintenance of drinking water systems, the replacement of lead pipes, and upgrades to waste and storm water infrastructure. Local governments must follow rules set by the Massachusetts Clean Water Trust to access these funds, which can be used for projects that have already started or are completed. The bill also establishes a formula to calculate how much money each municipality receives based on factors like population, road mileage, and local employment levels.