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Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025

To establish an interest-bearing account for the non-Federal contributions to the Lower Colorado River Multi-Species Conservation Program, and for other purposes.

Introduced Jan 29, 2025

Latest action (Feb 4, 2026) Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably.

Summary

This bill establishes a federally-managed fund to hold and invest financial contributions from states participating in the Lower Colorado River Multi-Species Conservation Program. The Treasury Department would deposit state contributions, both existing and future, into this new account. The Treasury Department may invest portions of the fund in interest-bearing U.S. government securities. Amounts in the fund would be made available to the Secretary for spending as outlined in the program's existing agreement documents. State participants are protected from liability for any investment losses on their contributed funds.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)

Actions (3)

  1. Feb 4, 2026 Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably. · senate
  2. Jan 29, 2025 Read twice and referred to the Committee on Energy and Natural Resources. (Sponsor introductory remarks on measure: CR S482) · senate
  3. Jan 29, 2025 Introduced in Senate

More bills on these subjects (8)

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Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

Committee action

What happened to this bill in committee — the meetings where it was considered and every recorded vote taken on it.

Meetings where this bill was on the agenda

Full text

IN THE SENATE OF THE UNITED STATES

January 29, 2025

Mr. Padilla (for himself, Ms. Cortez Masto, Mr. Schiff, Ms. Rosen, and Mr. Kelly) introduced the following bill; which was read twice and referred to the Committee on Energy and 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 Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025”.

SEC. 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; expenditure.— Amounts deposited in the Fund under subparagraph (A) and any interest on those amounts in the Fund 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.

“(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.”. <all>

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