The proposed bill would update current statutes by establishing the Brackish Groundwater Recovery Program Fund, which would be administered by the Water Infrastructure Finance Authority (WIFA). This fund would be created through various sources of revenue, including appropriations from the Legislature, federal funds, loan repayments, and donations. It would specifically allow the use of funds from the Long-Term Water Augmentation Fund (LTWAF) for developing brackish groundwater recovery projects aimed at creating new potable water sources within Arizona. The bill would also introduce criteria for project evaluation and funding, including a matching dollar requirement for project development and construction. Additionally, the bill would impose restrictions and requirements for WIFA, such as limiting the amount of funding awarded per project and mandating a request for proposals process before granting funds. It would require WIFA to establish minimum criteria for evaluating project proposals, including technical and financial capabilities, and ensure that funds are not appropriated for general state operations without a supermajority legislative approval. The bill would also modify existing language related to financial assistance for water supply development projects and clarify that funds can be used for projects aimed at conservation and efficient water use, thereby enhancing the state's water management strategies while ensuring fiscal responsibility and transparency.

Statutes affected:
Introduced Version: 49-1303, 49-1304, 49-1309
House Engrossed Version: 49-1303, 49-1304, 49-1309