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Voluntary Groundwater Conservation: A Program for Water Saving

This act establishes a program to help conserve groundwater resources. Landowners can voluntarily reduce water consumption in exchange for financial support. The goal is to ensure long-term water availability for agriculture and communities, especially in water-stressed regions.
Key points
Agricultural landowners can sell a right to reduce groundwater consumption, receiving financial support in return.
The program aims to decrease groundwater use while supporting agricultural production and local communities.
Financial assistance can cover up to 65% of the value of the groundwater conservation easement, plus transaction costs.
The program will only be available in regions experiencing significant groundwater depletion and with existing water monitoring.
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Additional Information
Print number: 118_HR_4902
Sponsor: Rep. Caraveo, Yadira [D-CO-8]
Process start date: 2023-07-26