Specifies that an underground artificial storage and recovery project is deemed to comply with state water quality standards for groundwater if the following requirements are met: (1) Water stored in the project is controlled so there is a high likelihood that the quantity of water stored will be available for recovery;

(2) Water stored in the project that is not recovered does not preclude groundwater from being used for beneficial uses in the future;

(3) The project is protective of aquatic resources; and

(4) At the point of injection, water quality for water in the project does not exceed fifty percent of the state drinking water quality standard for maximum contaminant levels or maximum residual disinfectant levels.