CAP water; state land; allocation

HB 2985 requires Arizona's state land department to create a public process within 120 days of the law taking effect to determine how to allocate Central Arizona Project (CAP) water currently assigned to state trust land. This water, originally allocated by the U.S. Secretary of the Interior in 1983, would be distributed to state trust land parcels that might later be sold or leased. The bill establishes a formal procedure for this allocation, ensuring transparency through stakeholder input. It directly affects state trust land management and future land transactions involving CAP water rights. The bill passed the House and is now before the Senate.