HB 2487 is a bill that introduces new water supply requirements for the approval of building plans for residential dwelling units within the Prescott Active Management Area (AMA) in Arizona. Applicants must demonstrate a secure water supply by various means, such as obtaining a commitment of water service from a designated provider, acquiring grandfathered rights, securing water supply credits, or proving access to renewable or imported water supplies. The bill exempts existing communities and those with zoning entitlements obtained before the bill's effective date and requires municipalities and counties to note compliance or exemption on building permits.

The bill also specifies the application process for demonstrating water supply compliance, including providing proof of groundwater withdrawal permits and confirmation of renewable or imported water supplies. It directs the Arizona Department of Water Resources (ADWR) to handle the transfer of grandfathered rights and building permits within the Prescott AMA. The legislation includes an emergency clause for immediate implementation upon becoming law and defines terms related to multifamily residential properties and residential lease communities.

Statutes affected:
Introduced Version: 9-469, 11-324, 45-581, 45-598, 49-746, 32-2101, 11-865
House Engrossed Version: 9-469, 11-324, 45-581, 45-598, 49-746, 32-2101, 11-865