S 240 — Crow Tribe Water Rights Settlement Amendments Act of 2025

240 Engrossed inAmendment SenateHouse (ES)](EAH)] <DOC> 119thIn CONGRESSthe 1stHouse Sessionof S.Representatives, U.

240S., _______________________________________________________________________September AN14, ACT2026. To amend the Crow Tribe Water Rights Settlement Act of 2010 to make improvements to that Act, and for other purposes.

BeResolved, itThat enacted by the Senatebill andfrom House of Representatives of the UnitedSenate States(S. of America in Congress assembled, SECTION 1.

240) entitled ``An Act to amend the Crow Tribe Water Rights Settlement Act of 2010 to make improvements to that Act, and for other purposes.'', do pass with the following AMENDMENT:

Strike out all after the enacting clause and insert:

SECTION 1.

(2) in subsectionssubsection (b)(c)-- and(A) (c),in paragraph (3), by striking ``section``System'' 414'' each place it appears and inserting ``section``Projects''; 415'';

(3) in subsection (c)-- (A) in paragraph (3), by striking ``System'' and inserting ``Projects'';

``(5)``(5)(A) The MR&I Projects Account, to be established as soon as practicable after the date of enactment of the Crow Tribe Water Rights Settlement Amendments Act of 2025, consisting of-- ``(A)``(i) amounts made available pursuant to paragraphs (1) and (2) of section 415(b)414(b) that are appropriated after the date of enactment of the Crow Tribe Water Rights Settlement Amendments Act of 2025;

and ``(B)``(ii) amounts to be deposited pursuant to section 415(h)(2).'';414(h)(2).

(4)``(B) inAmounts subsectiondeposited (e)--into (A)the inMR&I paragraphProjects (2),Account byshall strikingbe subparagraphfurther (C)deposited andinto insertingthe special joint signature account named `MR&I Account' established pursuant to the following:agreement with the Tribe dated September 13, 2012, prior to any investment earnings accruing or becoming available.'''';

(3) in subsection (e)-- (A) in paragraph (2), by striking subparagraph (C) and inserting the following:

(ii) in subparagraph (C)(i),(E)-- (I) in the subparagraph heading, by striking ``section``System'' 412'' and inserting ``section``Projects''; 413'';

(iii) in subparagraph (E)-- (I) in the subparagraph heading, by striking ``System'' and inserting ``Projects'';

and (iv)(iii) by adding at the end the following:

(5)and in(4) subsection (f)(2), by strikingadding ``sectionat 414''the andend insertingthe ``sectionfollowing: 415'';

and (6) by adding at the end the following:

(d) CrowYellowtail CIPDam, ImplementationMontana.--Subsection Account.--The(b)(1) of section 412 of the Crow Tribe Water Rights Settlement Act of 2010 (31(Public U.S.C.Law 111-291;

1101 note;

Public Law 111-291) is amended-- (1) by redesignating sections 412 through 416 as sections through 417, respectively;

and (2) by inserting after section 411 the following:

``SEC.

412.

CROW CIP IMPLEMENTATION ACCOUNT.

``(a) Establishment.--The Secretary shall establish a nontrust, interest-bearing account, to be known as the `Crow CIP Implementation Account', to be managed and distributed by the Secretary.

``(b) Deposits.--The Secretary shall deposit in the Crow CIP Implementation Account-- ``(1) amounts made available pursuant to paragraphs (1) and (2) of section 415(a) that are appropriated after the date of enactment of the Crow Tribe Water Rights Settlement Amendments Act of 2025;

and ``(2) amounts to be deposited pursuant to section 415(h)(1).

``(c) Uses.--Amounts in the Crow CIP Implementation Account shall be used to carry out section 405.

``(d) Interest.--In addition to the deposits made into the Crow CIP Implementation Account pursuant to subsection (b), any investment earnings, including interest credited to amounts unexpended in the Crow CIP Implementation Account, shall be available for use in accordance with subsection (c).''.

(e) Yellowtail Dam, Montana.--Subsection (b)(1) of section 413 of the Crow Tribe Water Rights Settlement Act of 2010 (Public Law 111-291;

3116) (as redesignated by subsection (d)(1)) is amended by striking ``15 years'' and inserting ``20 years''.

(f)(e) Funding.--Section 415414 of the Crow Tribe Water Rights Settlement Act of 2010 (Public Law 111-291;

3120) (as redesignated by subsection (d)(1)) is amended--amended (1) in subsection (e)-- (A)(1) in the subsection heading, by striking ``System'' and inserting ``Projects'';

and (B)(2) by striking ``System'' and inserting ``Projects'';``Projects''.

(2)(f) byTechnical strikingand subsectionConforming (h)Amendments.-- and(1) insertingSection 403(9) of the following:Crow Tribe Water Rights Settlement Act of 2010 (Public Law 111-291;

``(h) Joint Signature Accounts.--The Secretary shall take all actions necessary to authorize the withdrawal of funds, including principal and interest, held and maintained in joint signature accounts in accordance with the following:

``(1) Crow cip implementation account.--In the special joint signature account named `CIP Account' established pursuant to the agreement with the Tribe dated October 19, 2011, for the purpose of transferring and depositing those funds in the Crow CIP Implementation Account established under section 412(a).

``(2) MR&I projects account.--In the special joint signature account named `MR&I Account' established pursuant to the agreement with the Tribe dated September 13, 2012, for the purpose of transferring and depositing those funds in the MR&I Projects Account established pursuant to section 411(c)(5).'';

and (3) by adding at the end the following:

``(j) MR&I Projects Account Fluctuations in Costs.-- ``(1) Indexing adjustment.--Amounts deposited in the MR&I Projects Account pursuant to section 411(c)(5)(A) shall be increased or decreased, as appropriate, by such amounts as may be justified by reason of ordinary fluctuations in costs occurring after May 1, 2008, as indicated by the Bureau of Reclamation Construction Cost Index-Composite Trend.