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Colorado River Fund Protection: Analyzing Decision Impact on Hydropower Production.

This Act mandates the Secretaries of the Interior and Energy to establish a memorandum of understanding to study how a new decision regarding the Glen Canyon Dam affects the Upper Colorado River Basin Fund. This process aims to protect the financial stability of the fund, which supports water and power projects, indirectly influencing energy costs and water availability for citizens. The agreement must also include a plan to protect endangered species and the river basin from drought and invasive species.
Key points
Requires the Department of the Interior and the Department of Energy to enter into a Memorandum of Understanding (MOU) to assess the impact of the July 2024 Glen Canyon Dam decision on the Upper Colorado River Basin Fund.
The required plan must analyze the long-term effects of the decision on hydropower production at Glen Canyon Dam, crucial for regional power supply stability.
The MOU must include measures to protect the Colorado River Basin and listed threatened or endangered species from sustained drought and invasive species.
The plan will use information derived from existing contracts to ensure financial continuity and stability of the Fund.
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Additional Information
Print number: 118_S_5000
Sponsor: Sen. Lee, Mike [R-UT]
Process start date: 2024-09-10