Mass. Gen. Laws ch. 29 § 2NNNN

Current through Chapter 223 of the 2024 Legislative Session
Section 29:2NNNN - [See also Version 1 as added by a different 2014 act] Regional Water Entity Reimbursement Fund

There shall be established and set up on the books of the commonwealth a separate fund to be known as the Regional Water Entity Reimbursement Fund, in this section called the fund. The fund shall be administered by the state treasurer and shall be funded by the commonwealth, by and through the state treasurer and subject to appropriation, to reimburse the Massachusetts Water Resources Authority for its costs: in providing cities and towns, within its sewer service area, financial assistance in the form of interest free grants and loans to rehabilitate collection systems in cities and towns; and to structurally reduce infiltration and inflow into the tributary to the treatment facilities owned by the authority. Such reimbursement shall be in addition to the contract assistance amounts in section 6 of chapter 29C, subject to the limit set forth in said chapter 29C, but shall not be greater than 10 per cent of the maximum amount set forth in said chapter 29C.

Mass. Gen. Laws ch. 29, § 2NNNN

Added by Acts 2014, c. 259,§ 17, eff. 8/6/2014.