ArizonaArizona water fund lends to eligible in-state projects
Arizona's water supply fund may lend to eligible groups for in-state projects, but the printed text does not make the single-loan limit clear.
What it does
Arizona's water supply fund may lend to eligible groups for projects in the state. The printed loan-limit line shows both $3 million and $20 million, so the applicable limit is unclear.
Argument forThe fund could help eligible groups finance water projects through loans, with a single-loan limit shown in the text.
Argument againstA large single loan could leave less fund money available for other eligible groups seeking help with water projects.
More detail
The law allows the fund to make loans for water supply development projects. Loans are for eligible entities seeking support for water supply development projects in Arizona. A borrower must be an eligible entity in Arizona, and the project must be in the state. The text gives no separate start date for these loan provisions.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 22Signed by Governor Katie HobbsBecame Law
- Jun 12Transmit to GovernorTo Governor
- Jun 10Transmit to Senate
- Vote recorded Passed. Result: pass.Lower
- Jun 10PASSEDPassed House
- Jun 9DPMinor
- Vote recorded do pass. Result: pass.Lower
- Mar 23House Placed on Consent Calendar
- Mar 17DPMinor
- Mar 5House Second ReadingMinor
- Mar 4House First Reading.Minor
- Feb 27Transmit to House
- Feb 26PASSEDPassed Senate
- Vote recorded Passed. Result: pass.Upper
- Vote recorded do pass amended. Result: pass.Upper
- Feb 26DPAMajor
- Feb 10DPMinor
- Feb 4Senate Second ReadingMinor
- Feb 3Senate First ReadingIntroduced
Environment & Energy