Abundant Water Act

[AI summary unavailable — showing source text] Abundant Water Act - Title I: Water Certificates - Directs the Secretary of the Interior to establish a system for issuing certificates to allow private ownership of water resources and the free transfer of private property rights in such resources. Requires each State to recognize a water right in instream flows for aesthetic, environmental, navigation, or recreational purposes without regard to diversion or beneficial use. Allows the unitization of acquifers in the use of groundwater resources. Removes the Secretary's authority to disapprove the transfer of a right to water from any Federal reclamation project. Requires the Secretary to cooperate in delivering water transferred by such a certificate to appropriate locations to the extent practicable. Title II: Water Utility Corporations - Allows private businesses to construct and operate water projects as public utilities, subject to specified terms and conditions. Title III: General Provisions - Overrides State laws made inconsistent by the enactment of this Act. Directs the Secretary to issue such regulations as may be necessary to carry out this Act.…