Utah HB0349 amends water infrastructure loan rules and repayment terms, and establishes criteria for dam and reservoir projects.

Utah HB0349 amends the Water Infrastructure Restricted Account to allow loans for dam and reservoir projects. The Division of Water Resources and the Board of Water Resources must make rules for these loans, including criteria for prioritizing and awarding them, minimum qualifications for applicants, and loan terms. The bill also establishes criteria for approving dam and reservoir projects, requires reporting on these projects, and amends repayment terms for water infrastructure loans. The bill takes effect on May 6, 2026.

Utah HB0349 amends water infrastructure loan rules and repayment terms, and establishes criteria for dam and reservoir projects.

Utah HB0349 amends the Water Infrastructure Restricted Account to allow loans for dam and reservoir projects. The Division of Water Resources and the Board of Water Resources must make rules for these loans, including criteria for prioritizing and awarding them, minimum qualifications for applicants, and loan terms. The bill also establishes criteria for approving dam and reservoir projects, requires reporting on these projects, and amends repayment terms for water infrastructure loans. The bill takes effect on May 6, 2026.