This bill establishes a special interest-bearing savings account in the U.S. Treasury to hold non-federal funding contributions for the Lower Colorado River Multi-Species Conservation Program, which protects endangered species in the lower Colorado River region. The account will collect money that states contribute to the program under a 2005 funding agreement, and any funds not immediately needed can be invested in U.S. Treasury securities to earn interest that stays in the account. The legislation requires that previously contributed state funds be transferred into this account within 90 days of the bill's enactment, with future contributions added as soon as they arrive. State parties that contribute money will not be held responsible for any investment losses. This change allows participating states and federal agencies to better manage conservation funding by earning returns on temporarily unspent contributions rather than letting the money sit idle.
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