S. 291Senate119th Congress (2025-2027)In Committee

Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025

Introduced January 29, 2025

AI-Generated Summary

Updated November 24, 2025 at 3:11 AM UTC

The Lower Colorado River Multi‑Species Conservation Program Amendment Act of 2025 sets up a special Treasury account to hold and grow the non‑federal (state) money that funds the river‑conservation program. By allowing that money to be invested in U.S. interest‑bearing securities, the bill lets the contributions earn interest, which can then be used for program activities without needing new appropriations. The law also outlines how existing and future state contributions are transferred into the account and protects the states from any investment losses.

Key Provisions

  • Creates a new Treasury‑run “Non‑Federal Funding Account” to hold money that states contribute to the Lower Colorado River Multi‑Species Conservation Program.
  • Allows the Treasury Secretary to deposit any unspent state contributions that existed before the law and any future state contributions into this account.
  • Permits the Treasury to invest any portion of the account that isn’t needed right away in U.S. interest‑bearing obligations, so the money can earn interest.
  • Makes both the deposited amounts and any earned interest available for program spending without needing a separate congressional appropriation.
  • Requires the Treasury to move the required funds from its general account to the new account within 90 days of the law’s enactment, and to transfer future contributions as soon as practicable.
  • States that, once their contributions are in the account, they are not responsible for any losses that might occur from the Treasury’s investments.

Legislative Activity

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4 earlier actions
SenateCalendars Latest Action

Placed on Senate Legislative Calendar under General Orders. Calendar No. 630.

September 17, 2026

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SenateIntro Referral

Introduced in Senate

January 29, 2025

SenateIntro Referral

Read twice and referred to the Committee on Energy and Natural Resources. (Sponsor introductory remarks on measure: CR S482)

January 29, 2025

SenateCommittee

Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably.

February 4, 2026

SenateCommittee

Committee on Energy and Natural Resources. Reported by Senator Lee without amendment. Without written report.

September 17, 2026

SenateCalendars

Placed on Senate Legislative Calendar under General Orders. Calendar No. 630.

September 17, 2026

Floor Debate

3 members

What members said about S. 291 on the floor

1 Republican2 Democrats
Alex Padilla
Sen. Alex PadillaD-CA · Jan 29, 2025

Mr. President, I rise to introduce the Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025, which would allow the Bureau of Reclamation's Lower Colorado River Multispecies…

Alex Padilla
Sen. Alex PadillaD-CA · Jan 29, 2025

Mr. President, I rise to introduce the Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025, which would allow the Bureau of Reclamation's Lower Colorado River Multispecies…

John Barrasso
Sen. John BarrassoR-WY · Jan 29, 2025

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Richard J. Durbin
Sen. Richard J. DurbinD-IL · Jan 29, 2025

Mr. President, I ask unanimous consent that the text of the bill be printed in the Record.

Bill Text

2 versions available

Reading Mode
Latest
Reported to SenateIssued September 17, 2026

II

Calendar No. 630

119th CONGRESS

2d Session

S. 291

IN THE SENATE OF THE UNITED STATES

January 29, 2025

Mr. Padilla (for himself, Ms. Cortez Masto, Mr. Schiff, Ms. Rosen, Mr. Kelly, and Mr. Gallego) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources

September 17, 2026

Reported by Mr. Lee, without amendment

A BILL

To establish an interest-bearing account for the non-Federal contributions to the Lower Colorado River Multi-Species Conservation Program, and for other purposes.

1.

Short title

This Act may be cited as the Lower Colorado River Multi-Species Conservation Program Amendment Act of 2025.

2.

Interest-bearing fund

Section 9402 of the Omnibus Public Land Management Act of 2009 (Public Law 111–11; 123 Stat. 1328) is amended by adding at the end the following:

(c)

Interest-Bearing account for non-Federal contributions

(1)

Definitions

In this subsection:

(A)

Agreement

The term Agreement means the agreement entitled the Lower Colorado River Multi-Species Conservation Program Funding and Management Agreement and dated April 4, 2005.

(B)

Fund

The term Fund means the Non-Federal Funding Account for the Lower Colorado River Multi-Species Conservation Program established by paragraph (2).

(C)

Non-Federal contribution

The term non-Federal contribution means an amount contributed by a State Party for the non-Federal cost share described in section 8 of the Agreement.

(D)

State party

The term State Party has the meaning given the term in section 3 of the Agreement.

(2)

Establishment

There is established in the Treasury of the United States a fund, to be known as the Non-Federal Funding Account for the Lower Colorado River Multi-Species Conservation Program, consisting of—

(A)

any amounts deposited in the Fund under paragraph (3); and

(B)

any interest earned on investment of amounts in the Fund under paragraph (4).

(3)

Deposits to fund

(A)

In general

Pursuant to section 8.4 of the Agreement, the Secretary of the Treasury shall deposit in the Fund—

(i)

any unexpended non-Federal contributions provided before the date of enactment of this subsection; and

(ii)

any non-Federal contributions provided on or after the date of enactment of this subsection.

(B)

Availability of amounts; expenditure

Amounts deposited in the Fund under subparagraph (A) and any interest on those amounts in the Fund shall be made available to the Secretary, without further appropriation, for expenditure—

(i)

as provided in the Program Documents; and

(ii)

in accordance with this section.

(4)

Investment of amounts

(A)

In general

The Secretary of the Treasury may invest any portion of the Fund that is not, as determined by the Secretary, required to meet the current needs of the Fund.

(B)

Requirement

Investments under subparagraph (A) may be made only in interest-bearing obligations of the United States.

(5)

Transfers of amounts

(A)

Transfer of previously contributed funds

The amounts required to be deposited in the Fund under paragraph (3)(A)(i) shall be transferred from the general fund of the Treasury to the Fund not later than 90 days after the date of enactment of this subsection.

(B)

Transfer of future contributed funds

As soon as practicable after the date on which amounts described in paragraph (3)(A)(ii) are contributed, those amounts shall be transferred to the Fund.

(C)

Responsibility of State Parties

In accordance with the Agreement, on deposit of amounts in the Fund under paragraph (3), the State Parties shall not be responsible for any losses due to investment of those amounts the Fund.

.

September 17, 2026

Reported without amendment