Overview: Bill Number: SD 1666, Title: An Act providing for the establishment of sustainable water resource funds, Status: House concurred, Introduced: February 27, 2025, Classification: proposed bill
Purpose and Intent: The primary purpose of this bill is to establish a framework for the creation of dedicated state and municipal funds to support the long-term sustainability of water resources. The intent is to provide a reliable source of funding for water infrastructure improvements, conservation efforts, and the development of alternative water supplies to address the challenges posed by climate change and population growth.
Key Provisions:
- Authorizes the creation of state and municipal "Sustainable Water Resource Funds" to be financed through a combination of public appropriations, user fees, and other revenue sources.
- Requires a portion of state and local budgets to be allocated to these funds, with the specific percentage to be determined by each jurisdiction.
- Establishes guidelines for the use of fund monies, including eligible projects and activities related to water infrastructure, conservation, and alternative supply development.
- Mandates the development of comprehensive water resource management plans to guide the investment of fund resources.
Affected Parties and Impacts:
- State and local governments, which will be responsible for establishing and managing the Sustainable Water Resource Funds.
- Residents and businesses, who may see changes in water rates or other fees to support the funds, but may also benefit from improved water security and resilience.
- Environmental and community organizations, which may have opportunities to collaborate on water-related projects and initiatives funded by the new programs.
Procedural and Timeline Considerations:
The bill has passed the House and is currently awaiting concurrence in the Senate. If approved, the legislation would take effect immediately, with a 12-month period for state and local jurisdictions to establish their Sustainable Water Resource Funds and develop the required management plans.