Current through the 2024 Fourth Special Session
Section 73-31-104 - Objectives of water banksThe objectives in creating a water bank are to:
(1) promote: (a) the optimal use of the public's water;(b) transparency and access to water markets;(c) temporary, flexible, and low cost water transactions between water users; and(d) Utah's agricultural economy by providing access to water resources and income for Utah's agricultural industry; and(2) facilitate: (a) robust and sustainable agricultural production while meeting growing municipal and industrial water demands, such as fallowing arrangements;(b) water quality improvement;(c) water rights administration and distribution; and(d) a healthy and resilient natural environment.Added by Chapter 342, 2020 General Session ,§ 7, eff. 5/12/2020.Affected by 63I-1-273 on 12/31/2030