What is the official ID of this bill?
The official print number for this legislation is HR 831.
New funding rules for Colorado River conservation and species protection.
This act establishes an interest-bearing account for state contributions to the Lower Colorado River Multi-Species Conservation Program. This ensures that funds for environmental protection will earn interest, increasing the overall resources available for conservation efforts. Citizens can be confident that money for vital ecological projects is better managed and grown, supporting long-term environmental initiatives.
Key points
Creation of an interest-bearing account for non-federal contributions to the conservation program.
Interest earned on the account will be used for the multi-species conservation program.
State parties are not responsible for investment losses once funds are deposited into the account.
Status:
Passed House
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