Arizona HB2029 amends the water conservation grant fund, setting a $3 million limit and a $250,000 cap per project, with a 25% match required.

Arizona HB2029 modifies the water conservation grant fund, allowing eligible entities to apply for grants up to $250,000 for water conservation programs or projects, with a total cap of $3 million. The bill mandates a 25% match for each project, which can be met by funds from any source. Eligible entities must disclose specific details in their applications, including water savings projections, sources of saved water, and plans for the saved water. The Water Infrastructure Finance Authority is tasked with establishing application procedures, criteria, and project priorities.

Arizona HB2029 amends the water conservation grant fund, setting a $3 million limit and a $250,000 cap per project, with a 25% match required.

Arizona HB2029 modifies the water conservation grant fund, allowing eligible entities to apply for grants up to $250,000 for water conservation programs or projects, with a total cap of $3 million. The bill mandates a 25% match for each project, which can be met by funds from any source. Eligible entities must disclose specific details in their applications, including water savings projections, sources of saved water, and plans for the saved water. The Water Infrastructure Finance Authority is tasked with establishing application procedures, criteria, and project priorities.