As ordered reported by the Senate Committee on Indian Affairs on March 18, 2015
S. 438 would establish a new Indian Irrigation Fund and transfer $35 million from the existing Reclamation Fund into the proposed fund each year over the 2016-2037 period. Those annual deposits, and interest credited to the unspent balances in the new fund, would be authorized to be appropriated for maintaining Indian Irrigation projects operated by the Bureau of Indian Affairs (BIA) in the western United States.
Based on information from the BIA, CBO estimates that implementing the legislation would cost $152 million over the 2016-2020 period and about $625 million after 2020. Pay-as-you-go procedures do not apply to this legislation because it would not affect direct spending or revenues.
S. 438 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act.