Securing Conservation Funds: Interest Account for Lower Colorado River Program.
This law establishes a dedicated, interest-bearing account within the U.S. Treasury for funds contributed by states to the Lower Colorado River Multi-Species Conservation Program. This mechanism ensures that conservation funds grow through investment interest, providing more stable and long-term financing for environmental protection efforts in the region. Contributing states are relieved of responsibility for investment losses once the funds are deposited.
Key points
Establishes an interest-bearing fund for non-Federal contributions to the Lower Colorado River Multi-Species Conservation Program.
State contributions for conservation will now earn interest, increasing the total amount available for environmental projects.
State Parties are relieved of responsibility for investment losses once funds are deposited into the new account.
Status:
Introduced
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