S 640
Technical Corrections to the Northwestern New Mexico Rural Water Projects Act, Taos Pueblo Indian Water Rights Settlement Act, and Aamodt Litigation Settlement Act
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Bill overview
This bill makes technical corrections to three existing water rights settlement acts: the Northwestern New Mexico Rural Water Projects Act, the Taos Pueblo Indian Water Rights Settlement Act, and the Aamodt Litigation Settlement Act. Specifically, it authorizes the appropriation of funds to deposit unpaid interest into designated trust funds established under these agreements. These funds, created in 2009 and 2010, previously did not allow for interest accrual, and this bill corrects that.
Key provisions
- Authorizes deposits of unpaid interest into the Navajo Nation Water Resources Development Trust Fund.
- Authorizes deposits of unpaid interest into the Taos Pueblo Water Development Fund.
- Authorizes deposits of unpaid interest into the Aamodt Settlement Pueblos’ Fund.
- Modifies the Omnibus Public Land Management Act of 2009 to include interest deposit authority.
- Modifies the Claims Resolution Act of 2010 to include interest deposit authority.
- Waives payment of interest earned prior to September 15, 2017, on amounts made available to the Aamodt Settlement Pueblos’ Fund.
Who is affected
- Navajo Nation
- Taos Pueblo
- Aamodt Settlement Pueblos
- Federal Government (through appropriations)
- Water resource management agencies
Notable changes
- Previously, interest did not accrue on funds in the Navajo Nation, Taos Pueblo, and Aamodt Settlement Pueblos’ trust funds.
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119th CONGRESS — 1st Session
S. 640
IN THE SENATE OF THE UNITED STATES
A BILL
To amend the Omnibus Public Land Management Act of 2009 to make a technical correction to the Navajo Nation Water Resources Development Trust Fund, to amend the Claims Resolution Act of 2010 to make technical corrections to the Taos Pueblo Water Development Fund and Aamodt Settlement Pueblos’ Fund, and for other purposes.
This Act may be cited as the Technical Corrections to the Northwestern New Mexico Rural Water Projects Act, Taos Pueblo Indian Water Rights Settlement Act, and Aamodt Litigation Settlement Act
.
The Omnibus Public Land Management Act of 2009 (Public Law 111–11) is amended—
in section 10701(e)(1)(A)(vii), by striking 10702.
and inserting 10702, except for deposits made pursuant to section 10702(g).
; and
in section 10702—
in subsection (a)(1), by striking subsection (f)
and inserting subsections (f) and (g)
; and
by adding at the end the following:
The Claims Resolution Act of 2010 (Public Law 111–291) is amended by adding after section 513 the following:
In addition to the amounts made available under section 509(c), there is authorized to be appropriated to the Secretary for deposit into the Taos Pueblo Water Development Fund established by section 505(a) $7,794,297.52.
The Claims Resolution Act of 2010 (Public Law 111–291) is amended by adding after section 626 the following: