Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025, the official text

119 HR 831 EH: Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025
U.S. House of Representatives
text/xml
EN
Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
I
119th CONGRESS 2d Session
H. R. 831
IN THE HOUSE OF REPRESENTATIVES
AN ACT
To establish an interest-bearing account for the non-Federal contributions to the Lower Colorado River Multi-Species Conservation Program, and for other purposes.
1. Short title
This Act may be cited as the Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025 .
2. Interest-bearing fund
Section 9402 of the Omnibus Public Land Management Act of 2009 ( Public Law 111–11 ; 123 Stat. 1328) is amended by adding at the end the following:
(c) Interest-Bearing account for non-Federal contributions
(1) Definitions
In this subsection:
(A) Agreement
The term Agreement means the agreement entitled the Lower Colorado River Multi-Species Conservation Program Funding and Management Agreement and dated April 4, 2005.
(B) Fund
The term Fund means the Non-Federal Funding Account for the Lower Colorado River Multi-Species Conservation Program established by paragraph (2).
(C) Non-Federal contribution
The term non-Federal contribution means an amount contributed by a State Party for the non-Federal cost share described in section 8 of the Agreement.
(D) State party
The term State Party has the meaning given the term in section 3 of the Agreement.
(2) Establishment
There is established in the Treasury of the United States a fund, to be known as the Non-Federal Funding Account for the Lower Colorado River Multi-Species Conservation Program , consisting of—
(A) any amounts deposited in the Fund under paragraph (3); and
(B) any interest earned on investment of amounts in the Fund under paragraph (4).
(3) Deposits to fund
(A) In general
Pursuant to section 8.4 of the Agreement, the Secretary of the Treasury shall deposit in the Fund—
(i) any unexpended non-Federal contributions provided before the date of enactment of this subsection; and
(ii) any non-Federal contributions provided on or after the date of enactment of this subsection.
(B) Availability of amounts
(i) Expenditure
Amounts deposited in the Fund under subparagraph (A) shall be made available to the Secretary, without further appropriation, for expenditure—
(I) as provided in the Program Documents; and
(II) in accordance with this section.
(ii) Interest
Amounts derived from interest earned on amounts in the Fund under subparagraph (A) shall be made available, subject to appropriation of amounts derived from such interest, to the Secretary for expenditure—
(I) as provided in the Program Documents; and
(II) in accordance with this section.
(4) Investment of amounts
(A) In general
The Secretary of the Treasury may invest any portion of the Fund that is not, as determined by the Secretary, required to meet the current needs of the Fund.
(B) Requirement
Investments under subparagraph (A) may be made only in interest-bearing obligations of the United States.
(5) Transfers of amounts
(A) Transfer of previously contributed funds
The amounts required to be deposited in the Fund under paragraph (3)(A)(i) shall be transferred from the general fund of the Treasury to the Fund not later than 90 days after the date of enactment of this subsection.
(B) Transfer of future contributed funds
As soon as practicable after the date on which amounts described in paragraph (3)(A)(ii) are contributed, those amounts shall be transferred to the Fund.
(C) Responsibility of State Parties
In accordance with the Agreement, on deposit of amounts in the Fund under paragraph (3), the State Parties shall not be responsible for any losses due to investment of those amounts the Fund.
.
Passed the House of Representatives March 16, 2026. Kevin F. McCumber, Clerk.