This bill authorizes funding for various water development projects in Wyoming, specifically focusing on Level I reconnaissance studies and Level II feasibility studies. It appropriates a total of $2,065,998 from different water development accounts for specific projects, including the Hulett Water Master Plan, the UW Water Research Program, and several irrigation district master plans. The bill stipulates that any unexpended or unobligated funds prior to July 1, 2028, will revert to their respective water development accounts. Additionally, the water development commission is required to submit reports to the legislature on the progress of these studies before the 2027 legislative session.

The bill includes new legal language that establishes the framework for these appropriations and outlines the conditions under which funds can be reallocated to complete other designated projects. Specifically, it introduces provisions for Level I reconnaissance studies and Level II feasibility studies, detailing the appropriations for each project location and the total amounts allocated. The act is set to take effect immediately upon completion of the necessary legislative processes.