Amends existing law to revise provisions regarding the water management account.

This legislation amends section 42-1760, which establishes the Idaho Water Resource Board’s Water Management Account. Amendments include (1) replacing the list of potential projects with authority for projects which “conserve or increase water supply, improve drought resiliency, address water sustainability or support flood management;” (2) including aquifer recharge above Milner Dam on the list of specific projects for consideration; (3) confirming that all water rights, including hydropower water rights, must be protected, and that identified water uses must be considered in the approval of projects; and (4) providing additional information as part of the board’s annual report.