HB2677 Summary

• Amends the definition of "projected one hundred year replenishment obligation" in section 48-3701 to clarify it means the district's total projected annual groundwater replenishment obligation for each of the one hundred years following submission of the district plan of operation.

• Modifies section 48-3772 subsection E to change how reserve targets are calculated by requiring the addition of projected replenishment obligations over the full one hundred-year period rather than establishing a single figure.

• Updates language regarding the subtraction of water sources and the multiplication of reserve target calculations, changing references from "per cent" to "percent" and clarifying multi-year water availability provisions.

• Adjusts provisions related to replenishment reserve charges and fees for category 1 member lands and member service areas, and provides mechanisms for crediting long-term storage credits to replenishment reserve subaccounts.