Us Congress 2025 2025-2026 Regular Session

Us Congress House Bill HB831 Introduced / Bill

Filed 02/27/2025

                    I 
119THCONGRESS 
1
STSESSION H. R. 831 
To establish an interest-bearing account for the non-Federal contributions 
to the Lower Colorado River Multi-Species Conservation Program, and 
for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY31, 2025 
Mr. C
ALVERT(for himself, Ms. LEEof Nevada, Ms. TITUS, Mr. HORSFORD, 
and Mr. S
TANTON) introduced the following bill; which was referred to 
the Committee on Natural Resources 
A BILL 
To establish an interest-bearing account for the non-Federal 
contributions to the Lower Colorado River Multi-Species 
Conservation Program, and for other purposes. 
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Lower Colorado River 4
Multi-Species Conservation Program Amendment Act of 5
2025’’. 6
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SEC. 2. INTEREST-BEARING FUND. 1
Section 9402 of the Omnibus Public Land Manage-2
ment Act of 2009 (Public Law 111–11; 123 Stat. 1328) 3
is amended by adding at the end the following: 4
‘‘(c) I
NTEREST-BEARINGACCOUNT FOR NON-FED-5
ERALCONTRIBUTIONS.— 6
‘‘(1) D
EFINITIONS.—In this subsection: 7
‘‘(A) A
GREEMENT.—The term ‘Agreement’ 8
means the agreement entitled the ‘Lower Colo-9
rado River Multi-Species Conservation Program 10
Funding and Management Agreement’ and 11
dated April 4, 2005. 12
‘‘(B) F
UND.—The term ‘Fund’ means the 13
Non-Federal Funding Account for the Lower 14
Colorado River Multi-Species Conservation Pro-15
gram established by paragraph (2). 16
‘‘(C) N
ON-FEDERAL CONTRIBUTION .—The 17
term ‘non-Federal contribution’ means an 18
amount contributed by a State Party for the 19
non-Federal cost share described in section 8 of 20
the Agreement. 21
‘‘(D) S
TATE PARTY.—The term ‘State 22
Party’ has the meaning given the term in sec-23
tion 3 of the Agreement. 24
‘‘(2) E
STABLISHMENT.—There is established in 25
the Treasury of the United States a fund, to be 26
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known as the ‘Non-Federal Funding Account for the 1
Lower Colorado River Multi-Species Conservation 2
Program’, consisting of— 3
‘‘(A) any amounts deposited in the Fund 4
under paragraph (3); and 5
‘‘(B) any interest earned on investment of 6
amounts in the Fund under paragraph (4). 7
‘‘(3) D
EPOSITS TO FUND.— 8
‘‘(A) I
N GENERAL.—Pursuant to section 9
8.4 of the Agreement, the Secretary of the 10
Treasury shall deposit in the Fund— 11
‘‘(i) any unexpended non-Federal con-12
tributions provided before the date of en-13
actment of this subsection; and 14
‘‘(ii) any non-Federal contributions 15
provided on or after the date of enactment 16
of this subsection. 17
‘‘(B) A
VAILABILITY OF AMOUNTS ; EX-18
PENDITURE.—Amounts deposited in the Fund 19
under subparagraph (A) and any interest on 20
those amounts in the Fund shall be made avail-21
able to the Secretary, without further appro-22
priation, for expenditure— 23
‘‘(i) as provided in the Program Docu-24
ments; and 25
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‘‘(ii) in accordance with this section. 1
‘‘(4) I
NVESTMENT OF AMOUNTS .— 2
‘‘(A) I
N GENERAL.—The Secretary of the 3
Treasury may invest any portion of the Fund 4
that is not, as determined by the Secretary, re-5
quired to meet the current needs of the Fund. 6
‘‘(B) R
EQUIREMENT.—Investments under 7
subparagraph (A) may be made only in inter-8
est-bearing obligations of the United States. 9
‘‘(5) T
RANSFERS OF AMOUNTS .— 10
‘‘(A) T
RANSFER OF PREVIOUSLY CONTRIB -11
UTED FUNDS.—The amounts required to be de-12
posited in the Fund under paragraph (3)(A)(i) 13
shall be transferred from the general fund of 14
the Treasury to the Fund not later than 90 15
days after the date of enactment of this sub-16
section. 17
‘‘(B) T
RANSFER OF FUTURE CONTRIB -18
UTED FUNDS.—As soon as practicable after the 19
date on which amounts described in paragraph 20
(3)(A)(ii) are contributed, those amounts shall 21
be transferred to the Fund. 22
‘‘(C) R
ESPONSIBILITY OF STATE PAR -23
TIES.—In accordance with the Agreement, on 24
deposit of amounts in the Fund under para-25
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graph (3), the State Parties shall not be re-1
sponsible for any losses due to investment of 2
those amounts in the Fund.’’. 3
Æ 
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