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Technical corrections and adjusted interest payments for New Mexico water projects.

This Act introduces technical corrections to existing laws concerning water projects and Indian water rights settlements in New Mexico. The key impact is the authorization of additional funds, representing adjusted interest payments, to be deposited into the trust funds of the Navajo Nation, Taos Pueblo, and Aamodt Settlement Pueblos. These funds are intended to support water resource development and the operation and maintenance of water infrastructure, ensuring water security for these communities.
Key points
Navajo Nation Funding: Authorizes the payment of over $6.3 million in adjusted interest to the Navajo Nation Water Resources Development Trust Fund.
Taos Pueblo Support: Authorizes an additional $7.7 million for the Taos Pueblo Water Development Fund.
Aamodt Settlement Funds: Authorizes over $4.3 million for the Aamodt Settlement Pueblos’ Fund to cover costs related to operating and maintaining water systems.
Waiver of Payments: Waives certain interest payments owed to the United States related to the Aamodt Settlement Pueblos’ Fund prior to September 15, 2017.
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Status: Introduced
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Additional Information
Print number: 119_HR_4598
Sponsor: Rep. Leger Fernandez, Teresa [D-NM-3]
Process start date: 2025-07-22