View all text of Subchapter II- A [§ 407 - § 407]
§ 407. Reclamation Water Settlements Fund
(a) EstablishmentThere is established in the Treasury of the United States a fund, to be known as the “Reclamation Water Settlements Fund”, consisting of—
(1) such amounts as are deposited to the Fund under subsection (b); and
(2) any interest earned on investment of amounts in the Fund under subsection (d).
(b) Deposits to Fund
(1) In general
(2) Availability of amountsAmounts deposited in the Fund under paragraph (1) shall be made available pursuant to this section—
(A) without further appropriation; and
(B) in addition to amounts appropriated pursuant to any authorization contained in any other provision of law.
(c) Expenditures from Fund
(1) In general
(A) Expenditures
(B) Additional expenditures
(2) AuthorityThe Secretary may expend money from the Fund to implement a settlement agreement approved by Congress that resolves, in whole or in part, litigation involving the United States, if the settlement agreement or implementing legislation requires the Bureau of Reclamation to provide financial assistance for, or plan, design, and construct—
(A) water supply infrastructure; or
(B) a project—
(i) to rehabilitate a water delivery system to conserve water; or
(ii) to restore fish and wildlife habitat or otherwise improve environmental conditions associated with or affected by, or located within the same river basin as, a Federal reclamation project that is in existence on March 30, 2009.
(3) Use for completion of project and other settlements
(A) Priorities
(i) First priority(I) In general(II) Reserved amounts
(ii) Other purposes
(B) Completion of project
(i) Navajo-Gallup water supply project(I) In general(II) Maximum amount(aa) In general(bb) Exception
(ii) Other New Mexico settlements(I) In general(II) Maximum amount
(iii) Montana settlements(I) In general(II) Maximum amount(aa) In general(bb) Exception(cc) Other funding
(iv) Arizona settlement(I) In general(II) Maximum amount(aa) In general(bb) Exception(cc) Other funding
(C) Reversion
(d) Investment of amounts
(1) In general
(2) Credits to Fund
(e) Transfers of amounts
(1) In general
(2) Adjustments
(f) TerminationOn September 30, 2034—
(1) the Fund shall terminate; and
(2) the unexpended and unobligated balance of the Fund shall be transferred to the appropriate fund of the Treasury.
(Pub. L. 111–11, title X, § 10501, Mar. 30, 2009, 123 Stat. 1375.)