Creates an interest-earning fund for conservation efforts along the Lower Colorado River.
This bill would create a special bank account in the U.S. Treasury. States would put money into this account for the Lower Colorado River Multi-Species Conservation Program. This account would earn interest, helping grow the funds for protecting wildlife. States would also be safe from investment losses once their money is in the fund.
Today, money that states contribute to the Lower Colorado River Multi-Species Conservation Program is not held in an interest-earning account within the U.S. Treasury. Its management and availability for spending might not be as streamlined. If this bill becomes law, a new interest-bearing account would be created in the Treasury specifically for these state contributions. Both the original contributions and any interest earned would be available for the program, with the main funds accessible without further congressional approval. States would also be protected from investment losses.
HR 831 · 119th Congress · January 31, 2025 · AI Summary by gemini-2.5-flash · 10/10
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Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.