Interstate Water Banking Report

The Arizona Water Banking Authority is required to provide an interstate water banking accounting report to the Joint Legislative Budget Committee on or before October 1 of each year for the previous fiscal year if the AWBA was owed or received money pursuant to an interstate water banking agreement with the Southern Nevada Water Authority. The AWBA shall not spend, encumber, lend or in any other way use the monies received pursuant to the interstate water banking agreement except to pay the costs directly incurred in meeting the AWBA’s obligations under the agreement. This statutory provision was enacted in 2009.