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Navajo Nation Water Trust Fund Correction: Additional Payments Authorized

This bill makes a technical correction to an existing trust fund supporting water resource development for the Navajo Nation. The change authorizes an additional payment of over $6 million to the fund, potentially improving water management and infrastructure for the community.
Key points
Authorizes an additional $6,357,674.46 for the Navajo Nation Water Resources Development Trust Fund.
Adjusts how interest is calculated on fund deposits, potentially enhancing its financial stability.
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Additional Information
To amend the Omnibus Public Land Management Act of 2009 to make a technical correction to the Navajo Nation Water Resources Development Trust Fund, and for other purposes.
Print number: HR 9293
Sponsor: Rep. Leger Fernandez, Teresa [D-NM-3]
Process start date: 2022-11-14