The bill establishes the Reclamation and Development Grants Program, appropriating a total of $14.4 million from the natural resources projects state special revenue account to the Department of Natural Resources and Conservation (DNRC) for various reclamation and development projects over the biennium beginning July 1, 2025. This includes $1.5 million for planning projects, $5.3 million for pilot water storage projects, and $7.1 million for grants to political subdivisions and local governments. The bill outlines a prioritized list of grant applicants and projects, specifying the amounts allocated to each, and mandates that funds be awarded in order of priority until they are exhausted.

Additionally, the bill sets forth conditions for grant disbursement, including requirements for project management plans, documentation of matching funds, and compliance with auditing standards. It prohibits grant recipients from receiving funds from both the reclamation and development grants program and the renewable resource grant and loan program for the same project within the same biennium. The bill also includes provisions for coordination with other funding sources, notification to tribal governments, and a severability clause, ensuring that if any part of the act is invalidated, the remaining provisions will still be effective. The act is set to take effect on July 1, 2025.