The bill establishes the Reclamation and Development Grants Program, appropriating funds to the Department of Natural Resources and Conservation (DNRC) for various reclamation and development projects. It reduces the appropriation for planning grants from $1.5 million to $750,000 and eliminates a previous allocation of $5.3 million for pilot water storage planning and projects. The total amount allocated for grants to political subdivisions and local governments is adjusted from $7,110,975 to $5,523,260. The bill outlines a prioritized list of grant applicants and projects, detailing specific amounts for each, and establishes conditions that grant recipients must meet, including project management plans and compliance with auditing requirements.

Additionally, the bill stipulates that grant recipients cannot receive funding from both the reclamation and development grants program and the renewable resource grant and loan program for the same project during the same biennium. It includes provisions for the coordination of funding sources and the reauthorization of grants from prior biennia. The effective date for the implementation of this act is set for July 1, 2025.