I 
118TH CONGRESS 
2D SESSION 
H. R. 9515 
To establish an interest-bearing account for the non-Federal contributions 
to the Lower Colorado River Multi-Species Conservation Program, and 
for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 10, 2024 
Mr. CALVERT (for himself, Mrs. NAPOLITANO, Ms. LEE of Nevada, and Ms. 
TITUS) introduced the following bill; which was referred to the Committee 
on Natural Resources 
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. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Lower Colorado River 
Multi-Species Conservation Program Amendment Act of 
2024’’. 
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SEC. 2. INTEREST-BEARING FUND. 
Section 9402 of the Omnibus Public Land Manage-
ment 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-FED-
ERAL CONTRIBUTIONS.— 
‘‘(1) DEFINITIONS.—In this subsection: 
‘‘(A) AGREEMENT.—The term ‘Agreement’ 
means the agreement entitled the ‘Lower Colo-
rado 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 Pro-
gram 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 sec-
tion 3 of the Agreement. 
‘‘(2) ESTABLISHMENT.—There is established in 
the Treasury of the United States a fund, to be 
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‘‘(ii) in accordance with this section. 
‘‘(4) INVESTMENT OF AMOUNTS.— 
‘‘(A) IN GENERAL.—The Secretary may re-
quest the Secretary of the Treasury to invest 
any portion of the Fund that is not, as deter-
mined by the Secretary, required to meet the 
current needs of the Fund. 
‘‘(B) REQUIREMENT.—An investment re-
quested under subparagraph (A) shall be made 
by the Secretary of the Treasury in a public 
debt security— 
‘‘(i) with a maturity suitable to the 
needs of the Fund, as determined by the 
Secretary; and 
‘‘(ii) bearing interest at a rate deter-
mined by the Secretary of the Treasury, 
taking into consideration current market 
yields on outstanding marketable obliga-
tions of the United States of comparable 
maturity. 
‘‘(C) CREDITS TO FUND.—The income on 
investments of the Fund under this paragraph 
shall be credited to, and form a part of, the 
Fund. 
‘‘(5) TRANSFERS OF AMOUNTS.— 
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‘‘(A) TRANSFER OF PREVIOUSLY CONTRIB-
UTED FUNDS.—The amounts required to be de-
posited 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 sub-
section. 
‘‘(B) TRANSFER
OF
FUTURE
CONTRIB-
UTED 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
PAR-
TIES.—In accordance with the Agreement, on 
deposit of amounts in the Fund under para-
graph (3), the State Parties shall not be re-
sponsible for any losses due to investment of 
those amounts the Fund.’’. 
Æ 
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