The proposed bill, if enacted, would amend current statutes regarding the process for obtaining a certificate of assured water supply in the Phoenix active management area (AMA). Under the new provisions, the Arizona Department of Water Resources (ADWR) would be required to review applications for these certificates and issue a written determination within 15 days, provided the application meets specific criteria, including being submitted between January 26, 2021, and May 31, 2023, and either being denied or not yet receiving a certificate as of the bill's effective date.

Additionally, the bill mandates that the ADWR utilize established groundwater flow models and any financial information provided by the applicant to assess the application. It also requires the department to notify eligible applicants of their right to request a review within five days of the bill's effective date and stipulates that applicants must make such requests within 90 days. The bill includes a sunset provision, repealing these changes after December 31, 2025, and is classified as an emergency measure, allowing for immediate implementation upon passage.