Arizona HB2099 amends water storage credit rules, affecting long-term storage accounts and underground water storage.

Arizona HB2099 modifies provisions related to long-term storage credits and underground water storage. It establishes long-term storage accounts for holders of such credits and outlines conditions for crediting stored water. The bill also addresses the assignability of long-term storage credits, specifying when assignments are valid or rejected. Additionally, it restricts municipal providers from storing Central Arizona Project water during Colorado River shortages. The bill affects water management practices and storage facilities in Arizona.

Arizona HB2099 amends water storage credit rules, affecting long-term storage accounts and underground water storage.

Arizona HB2099 modifies provisions related to long-term storage credits and underground water storage. It establishes long-term storage accounts for holders of such credits and outlines conditions for crediting stored water. The bill also addresses the assignability of long-term storage credits, specifying when assignments are valid or rejected. Additionally, it restricts municipal providers from storing Central Arizona Project water during Colorado River shortages. The bill affects water management practices and storage facilities in Arizona.