Allows stormwater storage in underground facilities and credits for aquifer replenishment.
Permits the storage of stormwater in constructed underground facilities for aquifer replenishment. Defines stormwater as runoff from impervious surfaces. Allows storers to earn replenishment credits for stored stormwater, which can be used to offset their replenishment obligations. Credits can be transferred to other eligible entities. The storage of stormwater does not affect existing water rights.
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