Provides millions in adjusted interest payments for Native American water funds
This bill would provide over $18 million in adjusted interest payments to water development funds for the Navajo Nation, Taos Pueblo, and Aamodt Settlement Pueblos. It corrects past calculations for money set aside to pay for water projects and operations. The bill would also waive certain interest payments owed by the Aamodt Settlement Pueblos to the government.
Currently, specific adjusted interest amounts for these Native American water trust funds are not explicitly authorized for appropriation. Also, the Aamodt fund might owe interest to the U.S. government. If this bill becomes law, it would explicitly authorize over $18 million in adjusted interest payments to be set aside for the Navajo Nation, Taos Pueblo, and Aamodt Settlement Pueblos' water funds. It would also waive certain interest payments owed by the Aamodt Settlement Pueblos to the government.
S 640 · 119th Congress · February 19, 2025 · AI Summary by gemini-2.5-flash · 9/10
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7 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.