Repeals the rebates for stock transfer tax paid; dedicates funds of the stock transfer tax fund and stock transfer incentive fund to various funds; establishes the safe water and infrastructure action program.
Increasing the amount of moneys transferred from the state general fund to the state water plan fund and from the state water plan fund to the water technical assistance fund and the water project grant fund.
Establishing the state conservation fund and transferring $2,500,000 to such fund and providing for the enhanced transfer of moneys from the state general fund to the state water plan fund and from the state water plan fund to the water technical assistance fund and the water project grant fund.