The resolution proposes the enactment of a measure concerning water management in Arizona, which will be submitted to voters for approval. It aims to amend the Arizona Revised Statutes by adding a new section that establishes a water withdrawal fee for groundwater extracted from state lands. The fee will be based on the fair market value of the water and will include provisions for large-volume water users, ensuring equitable contributions to the state's water management and conservation efforts. A portion of the collected fees will be retained for administrative purposes, while the majority will be allocated to the Arizona Water Protection Fund and the Water Conservation Grant Fund.

Additionally, the resolution mandates that the fair market value of water withdrawn from state lands be reassessed every five years to adjust the withdrawal fee accordingly. The measure is designed to empower the Department of Water Resources to manage and administer the water withdrawal fee effectively, with the ultimate goal of promoting statewide water conservation. If approved by voters, this act will enhance the state's ability to manage its water resources sustainably.

Statutes affected:
Introduced Version: 45-120, 45-2112, 35-146, 35-147, 45-2111, 49-1331