The bill amends Chapter 46-15 of the General Laws concerning "Water Resources Management" by introducing a new section, 46-15-24, which requires that twenty percent (20%) of all rental fees collected by the water resources board (WRB) pursuant to a lease agreement with the Coventry Pines Golf Club or a memorandum of understanding with the town of Coventry be remitted as follows: ten percent (10%) to the town of Coventry and ten percent (10%) to the Central Coventry Fire District. This act will take effect upon passage.