Bill 119 s 291, also known as the Lower Colorado River Multi-Species Conservation Program Non-Federal Contributions Act, aims to create an interest-bearing account specifically for non-Federal contributions to the Lower Colorado River Multi-Species Conservation Program. This program focuses on conserving and protecting various species of fish and wildlife in the Lower Colorado River region.
The bill proposes that these non-Federal contributions be deposited into this account, where they will accrue interest over time. This interest will then be used to support the conservation efforts of the program, ensuring that the funds are utilized effectively and efficiently.
In addition to establishing the interest-bearing account, the bill also includes provisions for auditing and reporting requirements to ensure transparency and accountability in the management of these funds. This will help to prevent any misuse or mismanagement of the contributions and ensure that they are being used for their intended purpose of conservation and protection of the species in the Lower Colorado River region.
Overall, Bill 119 s 291 seeks to enhance the funding and support for the Lower Colorado River Multi-Species Conservation Program by creating a dedicated account for non-Federal contributions and implementing measures to ensure the proper management and utilization of these funds.