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Bill > HB2487


AZ HB2487

AZ HB2487
Multifamily property; water; certificate


summary

Introduced
01/27/2025
In Committee
Crossed Over
Passed
Dead
06/27/2025

Introduced Session

Fifty-seventh Legislature - First Regular Session (2025)

Bill Summary

An Act amending sections 45-576, 48-3701, 48-3772, 48-3774.01 and 48-3779, Arizona Revised Statutes; relating to real estate.

AI Summary

This bill modifies several sections of Arizona law related to water resources, focusing primarily on water supply requirements for multifamily properties and residential lease communities. The bill introduces new provisions requiring developers of six or more residential units, including multifamily properties, residential lease communities, and condominiums, to obtain a certificate of assured water supply or a written commitment of water service from a designated water provider before obtaining building permits. Starting January 1, 2026, the bill mandates a one-time activation fee for housing units in residential lease communities and condominiums within member lands and service areas. The legislation also updates definitions related to water resources, including defining terms like "residential lease community" and "multifamily residential property". Additionally, the bill requires the director of water resources to study and report by December 31, 2023, on how building permit applications for six or more residences should be processed in active management areas. These changes aim to enhance water resource management and ensure sustainable water availability for new residential developments in Arizona, particularly in active management areas where water resources are carefully monitored and regulated.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

House read second time (on 01/28/2025)

bill text


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