Bills/H.R. 132

Western Water Accelerated Revenue Repayment Act

Western Water Accelerated Revenue Repayment Act

In CommitteeEnvironmentHouseHouse Bill · 119th Congress
Bill Progress · House
Introduced
Committee
Passed House
Passed Senate
Passed Both
Signed

Plain Language Summary

# Western Water Accelerated Revenue Repayment Act Summary **What it does:** This bill would make permanent a temporary rule that allows water users in western states—mainly farmers and cities—to pay off their water delivery contracts with the federal government early. Instead of making regular payments over time, they could pay everything at once in a lump sum or spread payments over three years. A portion of the money received from these early payments would be directed to fund new water storage projects. **Who it affects:** Western water users, particularly agricultural operations and municipalities that get water from federal water projects run by the Bureau of Reclamation.

Water storage projects in the West could also benefit from the funding generated by these prepayments. The bill essentially helps these water users manage their finances while generating money for water infrastructure. **Current status:** The bill (HR 132) was introduced in the 119th Congress by Representative Lauren Boebert (R-CO) and is currently in committee, meaning it hasn't yet been debated or voted on by the full House of Representatives. The provision it would make permanent was originally created under the 2016 Water Infrastructure Improvements for the Nation (WIIN) Act as a temporary measure.

CRS Official Summary

Western Water Accelerated Revenue Repayment ActThis 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 statutes in effect prior to the passage of the WIIN Act to accounts other than the General Reclamation Fund.

Advertisement

Latest Action

January 3, 2025

Referred to the House Committee on Natural Resources.

Subjects

Government lending and loan guaranteesPublic contracts and procurementWater storageWater use and supply

Sponsor

1 cosponsor

Key Dates

Introduced
January 3, 2025
Last Updated
January 3, 2025
Read Full Text on Congress.gov →
Advertisement