This bill proposes several updates to existing statutes regarding real estate and water supply management in Arizona. Key changes include the insertion of new requirements for obtaining a certificate of assured water supply for building permits involving six or more detached single-family residences, multifamily properties, or condominiums within active management areas. Specifically, applicants must apply for this certificate unless they have a written commitment of water service from a designated provider. Additionally, cities, towns, or counties can only approve such building permits if the necessary water supply certification is obtained. The bill also introduces a new activation fee for residential lease communities and condominiums constructed after January 1, 2026, which will be used to support water replenishment efforts.

The bill also modifies existing definitions and provisions related to water supply obligations. It clarifies the meaning of terms such as "residential lease community," "multifamily residential property," and "condominium," while also updating the definitions of various water-related obligations and fees. Notably, it removes outdated language and deadlines, such as the requirement for the district to adopt rules by January 1, 2008, and instead emphasizes the need for ongoing compliance with current water management goals. Overall, these updates aim to enhance water supply assurance and management in the context of real estate development in Arizona.

Statutes affected:
Introduced Version: 45-576, 48-3701, 48-3772, 48-3774.01, 48-3779, 32-2101, 32-2181, 45-514, 45-515, 49-201, 45-497, 45-579, 45-576.02, 9-463.01, 11-823, 11-822, 33-1202, 49-746, 48-3774, 48-3775, 48-3780, 45-402, 45-802.01, 48-3778, 48-3781, 32-2183, 45-576.07, 45-101, 45-547, 45-553, 45-554, 48-3780.01, 45-578, 45-859.01, 45-2401