What changed between these versions
A small clarification was made to the availability of interest earned on the Non-Federal Funding Account. v3 specifies that the expenditure of interest amounts is "subject to appropriation of amounts derived from such interest," tightening the language from v2's "subject to the availability of appropriations." The bill's core purpose remains unchanged.
Overview
A single, technical change was made to the bill's text. · v3 clarifies the operative language regarding the appropriation of interest funds, making the requirement more precise without altering the overall policy direction of establishing the interest-bearing account.
The primary change in v3 refines the language concerning the expenditure of interest earned on non-Federal contributions to the Lower Colorado River Multi-Species Conservation Program Fund. Specifically, it clarifies that such interest is subject to a direct appropriation of those derived interest amounts, rather than a more general availability of appropriations. No other substantive changes were introduced, and the core mechanism for establishing and managing the fund remains identical.
Modifications
This change clarifies the legislative intent, ensuring that the interest earned on the non-Federal contributions cannot be spent without a specific appropriation for those particular interest funds, potentially providing more stringent congressional oversight over the expenditure of interest.
Before
The provision stated that amounts derived from interest earned on the fund would be available for expenditure by the Secretary, "subject to the availability of appropriations."
After
The provision now states that amounts derived from interest earned on the fund will be available for expenditure by the Secretary, "subject to appropriation of amounts derived from such interest."