Loading chat...
US HB831
Bill
Status
1/31/2025
Primary Sponsor
Ken Calvert
Click for details
AI Summary
-
Establishes the "Non-Federal Funding Account for the Lower Colorado River Multi-Species Conservation Program" in the U.S. Treasury to hold state contributions for the conservation program's non-federal cost share
-
Requires the Secretary of the Treasury to deposit both unexpended non-federal contributions made before enactment and all future non-federal contributions into the new fund
-
Authorizes the Secretary of the Treasury to invest unused fund amounts in interest-bearing U.S. obligations, with deposited principal available to the Secretary without further appropriation and interest earnings available subject to appropriations
-
Mandates transfer of previously contributed funds from the general Treasury to the new account within 90 days of enactment
-
Shields state parties from responsibility for any investment losses once their contributions are deposited in the fund
Legislative Description
Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025
Public lands and natural resources
Last Action
Placed on the Union Calendar, Calendar No. 234.
9/15/2025