This bill proposes to amend Arizona Revised Statutes by adding a new chapter that specifically addresses the relationship between solar and wind energy projects and agricultural operations. Under the new provisions, businesses contracting for such energy projects must compensate agricultural lessees for various losses incurred due to the reduction of their agricultural operations. These compensations include loss of profits, the value of conservation measures, loss in operational value, relocation costs, and costs to mitigate losses.

Additionally, the bill establishes that agricultural lessees must provide credible evidence of their expenses before receiving compensation. It defines "Agricultural lessee" to include those leasing state or federal lands for agricultural purposes. The overarching intent of the legislation is to protect agricultural operations in Arizona and ensure fair compensation for lessees affected by energy project developments.