Relating to permissible expenditures by Water Development Authority from Infrastructure Fund

The purpose of this bill is to increase permissible expenditures by the Water Development Authority from the Infrastructure Fund; modify the upper limit of funds which may be transferred to sub account; raising the cap on total project costs for certain facilities for use of Critical Needs and Failing Systems Sub Account funding; and allow the authority to grant infrastructure grant money from the Critical Needs and Failing Systems Sub Account to certain projects for the upgrading of a water facility or wastewater facility to reduce maintenance costs, operations costs, or waterline leakages.