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119-hr-132119th CongressWALLET

Western Water Accelerated Revenue Repayment Act

Sponsored By: Representative Boebert, Lauren [R-CO-4]

Introduced

Summary

Allows western water users to prepay Reclamation contracts to speed funding for new water storage. This bill would permanently extend authority that lets eligible agricultural and municipal water users prepay what they owe for Bureau of Reclamation water deliveries in a lump sum or over up to 3 years.

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  • Agriculture and municipal water users: May prepay delivery contracts in a lump sum or spread payments over up to 3 years.
  • Water storage projects and the Bureau of Reclamation: A specified portion of those prepayments would be deposited into the Reclamation Water Storage Account to fund construction of water storage.
  • Existing project-specific statutes: Amounts that earlier statutes direct to accounts other than the General Reclamation Fund would continue to be deposited to those specified accounts.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

More repayment flexibility for water projects

If enacted, receipts that earlier project-specific laws direct could be deposited into accounts other than the General Reclamation Fund. If enacted, the bill would also expand prepayment authority by making WIIN Act prepayment rules available through an added cross-reference. These changes would take effect upon enactment and apply only to receipts directed by project-specific statutes in effect before enactment. Water contractors, project operators, and state or local water agencies would be most affected.

Sponsors & CoSponsors

Sponsor

Boebert, Lauren [R-CO-4]

CO • R

Cosponsors

  • Rep. Hurd, Jeff [R-CO-3]

    CO • R

    Sponsored 1/14/2025

Roll Call Votes

No roll call votes available for this bill.

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