Water Infrastructure Modifications

Repealed the Water Resources Cities Water Loan Fund established in Section 73-10-22

Redirected loan repayments from the repealed fund into the Water Infrastructure Fund

Added requirements for capital asset management plans and reserve funding under certain circumstances

Updated definitions of revolving loan funds to remove the Cities Water Loan Fund and adjust related agency definitions

Deleted outdated language and repealed Section 73-10-22 and Section 73-10g-504

Added new Section 73-10g-502.5 and Section 73-10g-606 to the Utah Code

Created a new Water Infrastructure Fund that will receive money from existing water loan funds, federal sources, grants, and interest earnings starting in fiscal year 2027.

Repealed the Water Resources Cities Water Loan Fund and redirected its loan repayments to the new Water Infrastructure Fund.

Requires public water systems (not water conservancy districts) to adopt capital asset management plans and reserve funding plans by July 1, 2028, as a condition of receiving state or federal financing.

Established a unified water infrastructure plan process with annual agency plans and a state council prioritization process to rank and fund projects based on specific criteria.

Expanded the definition of 'relevant agency' to include the Housing and Community Development Division and Department of Agriculture and Food, broadening which agencies participate in water infrastructure planning.

Modified the definition of 'Revolving Loan Funds' in multiple sections to include new funds like the State Infrastructure Bank Fund, Brownfields Fund, and School Building Revolving Account.

Added authority for the Drinking Water Board to impose administrative penalties for failure to comply with capital asset management and reserve funding requirements.

Set specific deadlines including unified water infrastructure plan adoption by March 1, 2026, and reserve funding plan adoption by July 1, 2028.

Made technical corrections to formatting and numbering in Section 73-10g-605 regarding reserve studies and assistance provisions.

Repealed the Water Resources Cities Water Loan Fund and redirected loan repayments to the Water Infrastructure Fund to consolidate water funding sources.

Created the Water Infrastructure Fund to receive money from various water funds, including the repealed Cities Water Loan Fund, and authorized transfers between water funds and accounts.

Requires public water systems to adopt capital asset management plans and reserve funding plans by July 1, 2028, as a condition of receiving state or federal financing or grants.

Requires relevant agencies to annually adopt water infrastructure agency plans describing and ranking needed projects, submitted to the state council by June 30 each year.

Expanded the definition of 'relevant agency' to include the Housing and Community Development Division and Department of Agriculture and Food, broadening agency participation in water infrastructure planning.

Established a new prioritization process for water infrastructure projects beginning with fiscal year 2027, with the state council developing a written prioritization process by that time.

Made technical and conforming changes to definitions and fund listings across multiple Utah Code sections to reflect the new funding structure.