This bill proposes to extend the On-Farm Irrigation Efficiency Pilot Program from its current expiration date of January 1, 2027, to January 1, 2030. It also mandates that the University of Arizona Cooperative Extension submit a detailed report to the Joint Legislative Budget Committee, which includes additional information such as the total number of applications received and approved, the total funds awarded, and the types of technology proposed. The report will also require an overview of any funds used for irrigation efficiency demonstration, research, and education.

Furthermore, the bill modifies the definition of "qualified applicant" to include specific requirements regarding the applicant's agricultural practices and permits. It also updates the reporting requirements to include new data points while removing some previous requirements. The bill ensures that the University of Arizona Cooperative Extension provides an aggregate report for each year since the program's inception within 90 days of the effective date of the act.