HB802

Establishes the Watershed Restoration and Conservation Fund to support reclamation and restoration of lands and watersheds impacted by sand and.

The bill creates the Watershed Restoration and Conservation Fund, which will receive severance tax revenues from sand and gravel. The fund will support reclamation, restoration, and stewardship of lands and watersheds affected by sand and gravel mining, prioritizing flood-prone areas and impaired watersheds. Only statutorily-created watershed-based entities meeting specific criteria can receive allocations from the fund. The treasurer will deposit 100% of the severance tax revenues into the fund after required allocations.