Western Water Accelerated Revenue Repayment Act

Bill: 119-hr-132
Sponsor: full_name: Rep. Boebert, Lauren [R-CO-4]
Introduced: 2025-01-03
Policy area: Water Resources Development
Subjects: Government lending and loan guarantees

Public contracts and procurement

Water storage

Water use and supply
Latest action: action_date: 2025-01-03
text: Referred to the House Committee on Natural Resources.

Summaries:
action_date: 2025-01-03
action_desc: Introduced in House
text: <p><strong>Western Water Accelerated Revenue Repayment Act</strong></p><p>This 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&nbsp;statutes in effect prior to the passage of the&nbsp;WIIN Act to accounts other than the General Reclamation Fund.</p>

tv_txt: I 119th CONGRESS 1st Session H. R. 132 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.

1. Short title This Act may be cited as the Western Water Accelerated Revenue Repayment Act . 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. .