The Monterey Plus Amendments fundamentally  alter the State Water Project by: 
        
        • eliminating the “urban preference” that  prioritized water deliveries to city dwellers during drought, resulting in  widespread urban water shortages and higher utility rates for Southern  California ratepayers;
        • illegally transferring state property  in the Kern Water Bank to private entities and undermining the California Water  Code by masking the purpose and place of water use;
        • increasing water exports from the  Sacramento-San Joaquin Delta, thus worsening water-quality problems and  triggering the collapse of the Delta's ecosystem and fisheries;
        • authorizing a new, deregulated market  for buying and selling “paper water” — water promised by contract that can  never realistically be delivered;
        • opening the door to privatizing the  publicly financed State Water Project.