Arizona HB2932 amends groundwater transportation fees, adjusting them annually based on GDP price deflator changes.

Arizona HB2932 amends the Arizona Revised Statutes to adjust the groundwater transportation fee annually based on changes in the GDP price deflator. The director is required to set the fee for each acre-foot of groundwater transported away from the county, less any amount of central Arizona project water used on the property. The fee is adjusted annually according to the changes in the GDP price deflator, using the 1993 calendar year as the base year. Credits are allowed against these fees, and any unused portion of the credit can be carried forward to subsequent years.

Arizona HB2932 amends groundwater transportation fees, adjusting them annually based on GDP price deflator changes.

Arizona HB2932 amends the Arizona Revised Statutes to adjust the groundwater transportation fee annually based on changes in the GDP price deflator. The director is required to set the fee for each acre-foot of groundwater transported away from the county, less any amount of central Arizona project water used on the property. The fee is adjusted annually according to the changes in the GDP price deflator, using the 1993 calendar year as the base year. Credits are allowed against these fees, and any unused portion of the credit can be carried forward to subsequent years.