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The largest single loan the state's water supply development revolving fund may make to an eligible entity for a water supply development project rises from $3,000,000 to $20,000,000.
Official title: cap; water supply development fund
- September 12, 2026
What changes
BeforeA single loan from the water supply development revolving fund could not exceed $3,000,000.
NowA single loan from the fund may not exceed $20,000,000.
Who it affects
- Eligible entities in Arizona seeking loans for water supply development projects
- Water providers
- Water Infrastructure Finance Authority, which oversees the fund
What you need to do
Nothing.
What the law doesn't answer
- Which entities count as eligible for these loans
- How much money is in the fund or whether more money is being added
- Why the loan limit was raised
- Whether loan terms such as interest rates or repayment periods change
This summary describes the law as enacted. Later laws, court rulings or referendum petitions can change the picture. Check the official text for the current wording.