Deposits proceeds collected by the state from the use or withdrawal of surface water into the Aquatic Plant Control Fund for aquatic weed control and eradication
The implementation of HB 782 is expected to have a substantial impact on existing state laws concerning water resource management. By requiring fair market value payments for water withdrawal, it aims to generate revenue for the state, which can be reinvested into initiatives that control invasive aquatic plants. The funds collected will be deposited into the Aquatic Plant Control Fund, facilitating targeted efforts to manage environmental challenges caused by aquatic weeds. This legislation represents an effort to enhance the stewardship of Louisiana's water resources while also balancing economic interests.
House Bill 782 seeks to amend and reenact provisions related to the use and withdrawal of surface water in Louisiana, specifically focusing on establishing a fair market value for such activities. The bill mandates that entities withdrawing running surface water for any purpose must enter into cooperative endeavor agreements with the state, ensuring that these agreements are well-defined, in writing, and prioritize the public interest. Additionally, the bill outlines the circumstances under which the state can be reimbursed for the withdrawal of water from certain bodies managed by the Department of Wildlife and Fisheries when such bodies are negatively impacted by invasive aquatic species.
The sentiment around HB 782 appears to be generally supportive with notable perspectives advocating for the need to manage and protect aquatic ecosystems effectively. Proponents argue that the bill will help address the pressing environmental issue of invasive species, while also ensuring that state resources are appropriately compensated for their use. There may be concerns, however, regarding how the fair market value is assessed and the potential impact on industries reliant on water usage, such as agriculture and fishing.
One point of contention that arose during discussions around HB 782 involves the stipulation regarding fair market value, particularly the potential burden on small businesses and local entities that depend on the withdrawal of surface water. Critics highlight that the cost associated with these agreements could disproportionately affect small operations, potentially leading to increased operational costs. Additionally, the allocation of funds generated by these agreements raises questions about transparency and how effectively the resources will be utilized, particularly if local priorities differ from state-level decision-making.