Change the powers of the West Virginia Water Development Authority regarding funding of Infrastructure Projects

HB 2908 restricts the West Virginia Water Development Authority’s power to fund infrastructure projects, limiting it to in-state projects only and removing its previous authority to fund projects recommended by the Secretaries of Commerce, Economic Development, or Tourism. It creates a new "West Virginia Economic Enhancement Grant Fund" with two subaccounts: one for matching federal grants (requiring recommendations from state economic councils) and another for specific project costs like bid overruns, service expansions for economic development, or utility mergers. The bill directs funding toward water, stormwater, and wastewater projects that support economic development or tourism, as recommended by designated state officials. This affects local governments and non-profits seeking state funding for eligible infrastructure projects within West Virginia.