Be it enacted by the Senate and House of Representatives
in General Court assembled, and by the authority of the same,
The department of revenue is hereby authorized and directed to conduct a study of the payments in lieu of taxes made by the commonwealth or by the Massachusetts water resources authority on account of publicly owned property in the Wachusett and the Sudbury watersheds. Said study shall determine the current amounts of such payments made to each city and town, the total of the current amounts of such payments, the amounts which would be paid to each city and town if the reimbursement were to be based on the current assessed valuation of such property, and the total of the amounts which would be paid if the reimbursement were so based. The department shall file said study with the house and senate committees on ways and means no later than June first, nineteen hundred and eighty-seven.