BillIntroduced

Western Water Accelerated Revenue Repayment Act

H.R. 132January 3, 2025Rep. Boebert, Lauren [R-CO-4]View Original

Summary

Western Water Accelerated Revenue Repayment ActThis bill permanently authorizes a provision under the Water Infrastructure Improvements for the Nation (WIIN) Act that (1) allows certain water users (e.g., agriculture and municipal water users) in western states to prepay what they owe under contracts with the Bureau of Reclamation for delivering water through a lump sum payment or over a period of three years; and (2) requires a specified portion of the receipts generated from such prepayments be directed to the Reclamation Water Storage Account for the construction of water storage. Such prepayments do not alter certain requirements for the disposition of amounts that are directed by project-specific statutes in effect prior to the passage of the WIIN Act to accounts other than the General Reclamation Fund.

Full Text

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 132 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 132 To amend the Water Infrastructure Improvements for the Nation Act to extend certain contract prepayment authority. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES January 3, 2025 Ms. Boebert introduced the following bill; which was referred to the Committee on Natural Resources _______________________________________________________________________ A BILL To amend the Water Infrastructure Improvements for the Nation Act to extend certain contract prepayment authority. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the ``Western Water Accelerated Revenue Repayment Act''.

SEC. 2. AMENDMENTS TO THE WIIN ACT.

(a) Offsets and Water Storage Account.--

Section 4011(d)(2) of the

Water Infrastructure Improvements for the Nation Act (Public Law 114- 322) is amended by inserting ``that are directed by project-specific statutes in effect prior to the date of passage of this Act to accounts other than the General Reclamation Fund'' before the semicolon. (b) Extension of Prepayment Authority.--

Section 4013 of the Water

Infrastructure Improvements for the Nation Act (Public Law 114-322) is amended-- (1) in paragraph (1), by striking ``; and'' and inserting a semicolon; (2) in paragraph (2), by striking the period and inserting ``; and''; and (3) by adding at the end the following: ``(3)

section 4011.''.

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