This bill amends Section 9 of Chapter 105 of the 1990 Public Laws, which pertains to the Kingston Water District. The primary change is the increase in the maximum amount the district is authorized to borrow, raising the limit from four million dollars ($4,000,000) to fifteen million dollars ($15,000,000). This adjustment allows the district to issue notes and/or bonds for the increased amount.

The bill specifies that any bonds issued must be approved by the district's qualified electors during regular or special meetings. Additionally, it mandates that the district will annually appropriate funds to cover interest and principal payments on the bonds as long as they remain outstanding. The act is set to take effect immediately upon passage.