CA AB2480

Establishes state policy that source watersheds are integral components of California's water infrastructure.

Makes source watershed maintenance and repair eligible for the same financing mechanisms as other water collection and treatment infrastructure.

Limits eligible activities to forest ecosystem restoration and conservation, including upland vegetation management, meadow restoration, road removal/repair, stream channel restoration, and conservation easements on private forests.

Specifies that the policy does not supersede federal eligibility requirements, voter-approved bond criteria, pollution control funding programs, or public health emergency funding programs.

Emphasizes the critical importance of source watersheds in maintaining reliability, quantity, timing, and quality of California's environmental, drinking, and agricultural water supply as climate change advances.