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 VerDate Sep 11 2014 20:06 Feb 27, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H831.IH H831 ssavage on LAPJG3WLY3PROD with BILLS 2 •HR 831 IH 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 VerDate Sep 11 2014 20:06 Feb 27, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H831.IH H831 ssavage on LAPJG3WLY3PROD with BILLS 3 •HR 831 IH 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 VerDate Sep 11 2014 20:06 Feb 27, 2025 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H831.IH H831 ssavage on LAPJG3WLY3PROD with BILLS 4 •HR 831 IH ‘‘(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 VerDate Sep 11 2014 20:06 Feb 27, 2025 Jkt 059200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H831.IH H831 ssavage on LAPJG3WLY3PROD with BILLS 5 •HR 831 IH 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 VerDate Sep 11 2014 20:06 Feb 27, 2025 Jkt 059200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6301 E:\BILLS\H831.IH H831 ssavage on LAPJG3WLY3PROD with BILLS