In a small saucepan, bring the water and salt to a boil. Add the rice, butter, and bay leaf and reduce the heat to low, cover, and simmer until all the liquid is absorbed, 18 to 20 minutes. Remove the pan from the heat and let sit, covered, for 10 minutes. Uncover, remove the bay leaf, and fluff the rice with a fork before serving.
Yield: 4 servings