This bill amends sections 61-302 and 61-305 of the Revised Statutes Cumulative Supplement, 2024, concerning the Perkins County Canal Project. It restates the intent of the project, emphasizing the importance of protecting Nebraska's entitlement to the flows of the South Platte River as per the South Platte River Compact. Notably, the language changes from "shall" to "may" regarding the development, construction, management, and operation of the canal, indicating a shift from a mandatory to a permissive approach.

Additionally, the bill establishes the transfer of $250 million from the Perkins County Canal Project Fund to both the General Fund and the Water Sustainability Fund by June 30, 2025. It outlines the administration of the Perkins County Canal Project Fund by the Department of Natural Resources and specifies the use of the fund for identifying optimal routes, purchasing land, and conducting a comprehensive study on the canal's costs, timeline, and environmental impacts. The original sections of the law are repealed, and the bill is declared an emergency measure, taking effect immediately upon passage.

Statutes affected:
Introduced: 61-302, 61-305