Adds to existing law to provide for the funding of water infrastructure projects.

This legislation calls for an additional $30 million in ongoing investments for water infrastructure. These funds will continue a statewide approach to responsible water management that maintains and secures Idaho's water. Projects include but are not limited to aquifer recharge, groundwater management, development and rehabilitation of water storage and conveyance system, water supply and delivery improvements, and emergency water infrastructure repairs. No more than 50% of the funds may be used in one of the four water board districts unless there are no competing applications in other districts during the fiscal year. Annual reports to the Governor and Legislature are required, and funds may be combined with other sources to leverage additional funding.