(1) (a) Under an application filed under Section 73-34-302, the state engineer shall limit approval of the application to the period specified in the lease. (b) The state engineer shall approve the application in accordance with Section 73-3-30, except that the state engineer shall condition the approval on annual reporting of the measuring or monitoring of approved leases of agricultural water under the program. (2) (a) The state engineer shall examine the measuring or monitoring of approved leases of agricultural water under the program. (b) By no later than December 31 of each year, the state engineer shall report to the Legislative Water Development Commission challenges faced by the state in the measuring and monitoring of agricultural water leased under the program for the benefit of the Great Salt Lake.
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