Establishes subaccounts within the Indian Water Rights Settlement Completion Fund to facilitate water rights settlements.
The bill amends the Infrastructure Investment and Jobs Act to create two subaccounts within the Indian Water Rights Settlement Completion Fund. The New and Continuing Settlements Subaccount will receive annual deposits of $250 million from October 2026 through October 2035, intended for expeditious completion of eligible Indian water rights settlements. The Operations, Maintenance, Repair, and Ongoing Obligations Subaccount will receive annual deposits of $45 million for the same period, used for ongoing obligations related to specific water rights settlements.
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