(a) Short title.—This Act may be cited as the “Authorized Rural Water Projects Completion Act”.

(b) Table of contents.—The table of contents of this Act is as follows:

Sec. 1. Short title; table of contents.
Sec. 2. Definitions.

In this Act:

(1) FUND.—The term “Fund” means the Reclamation Rural Water Construction and Settlement Implementation Fund established by section 101.

(2) INDIAN TRIBE.—The term “Indian tribe” has the meaning given the term in section 4 of the Indian Self-Determination and Education Assistance Act (25 U.S.C. 5304).

(3) RURAL WATER PROJECT.—The term “rural water project” means a project that is designed to provide domestic, industrial, municipal, or residential water to a small community or group of small communities, including Indian tribes and tribal organizations.

(4) SECRETARY.—The term “Secretary” means the Secretary of the Interior, acting through the Commissioner of Reclamation.

There is established in the Treasury of the United States a fund, to be known as the “Reclamation Rural Water Construction and Settlement Implementation Fund”, consisting of—

(1) such amounts as are deposited in the Fund under section 103; and

(2) any interest earned on investment of amounts in the Fund under section 105.

Within the Fund, there are established the following accounts:

(1) The Rural Water Project Account.

(2) The Reclamation Infrastructure and Settlement Implementation Account.

(a) In general.—For each of fiscal years 2018 through 2038, the Secretary of the Treasury shall deposit in the Fund $115,000,000 of the revenues that would otherwise be deposited for the fiscal year in the reclamation fund established by the first section of the Act of June 17, 1902 (32 Stat. 388, chapter 1093), of which—

(1) $80,000,000 for each fiscal year shall be deposited in the Rural Water Project Account established by section 102(1); and

(2) $35,000,000 for each fiscal year shall be deposited in the Reclamation Infrastructure and Settlement Implementation Account established by section 102(2).

(b) Availability of amounts.—Amounts deposited in the Fund under subsection (a) shall—

(1) be made available in accordance with this section, without further appropriation; and

(2) be in addition to amounts appropriated for rural water projects and the implementation of reclamation infrastructure and settlements under any other provision of law.

(c) Limitation.—Notwithstanding subsections (a) and (b), no amounts may be deposited in, or made available from, the Fund under those subsections if the transfer or availability of the amounts would increase the deficit.

(a) In general.—Subject to subsection (b), for each of fiscal years 2018 through 2038, the Secretary may expend from the Fund, in accordance with this Act, not more than the sum of—

(1) $115,000,000, to be allocated from the amounts in the accounts specified in section 102; and

(2) the amount of interest accrued in the Fund within each account for the fiscal year in which the expenditures are made, with the interest accrued within each account used only for expenditures from that account.

(b) Additional expenditures.—

(1) IN GENERAL.—The Secretary may expend more than $115,000,000 for any fiscal year referred to in subsection (a) if the additional amounts are available in the Fund as a result of a failure of the Secretary to expend all of the amounts available under subsection (a) in 1 or more prior fiscal years.

(2) RETENTION IN ACCOUNTS.—Any additional amounts referred to in paragraph (1) shall—

(A) be retained within the account to which the amounts were designated;

(B) accrue interest for the designated account in accordance with this title; and

(C) only be expended for the purposes for which expenditures from the designated accounts are authorized.

(a) In general.—The Secretary shall invest such portion of the Fund as is not, in the judgment of the Secretary, required to meet current withdrawals.

(b) Credits to Fund.—The interest on, and the proceeds from the sale or redemption of, any obligations held in the Fund shall be credited to, and form a part of, the Fund.

(a) In general.—The amounts required to be transferred to the Fund under this title shall be transferred at least monthly from the general fund of the Treasury to the Fund on the basis of estimates made by the Secretary of the Treasury.

(b) Adjustments.—Proper adjustment shall be made in amounts subsequently transferred to the extent prior estimates are in excess of, or less than, the amounts required to be transferred.

On September 30, 2038—

(1) the Fund shall terminate; and

(2) the unexpended and unobligated balance of the Fund shall be transferred to the reclamation fund established by the first section of the Act of June 17, 1902 (32 Stat. 388, chapter 1093).

SEC. 201. Rural water projects.

(1) authorized to be carried out by the Secretary on or before the date of enactment of this Act; or

(2) for which—

(A) pursuant to section 106(e) of the Rural Water Supply Act of 2006 (43 U.S.C. 2405(e)), a feasibility study has been submitted to the Secretary by February 27, 2015; and

(B) an Act of Congress after the date of enactment of this Act has authorized the construction of the project.

(a) No operation and maintenance costs.—The Secretary shall not use any amounts from the Fund to pay for operation and maintenance costs of a rural water project authorized under section 201.

(b) Conditions.—The Secretary shall not expend any amounts from the Fund to carry out this title until the date on which the Secretary develops—

(1) programmatic goals to carry out this title that—

(A) would enable the completion of construction of the authorized rural water projects as expeditiously as practicable; and

(B) reflect—

(i) the goals and priorities identified in the laws authorizing the authorized rural water projects; and

(ii) the goals of the Reclamation Rural Water Supply Act of 2006 (43 U.S.C. 2401 et seq.); and

(2) funding prioritization criteria to serve as a methodology for distributing funds under this title that take into account—

(A) an evaluation of the urgent and compelling need for potable water supplies in the affected rural and tribal communities;

(B) the status of the current stages of completion of the authorized rural water project;

(C) the financial needs of the affected rural and tribal communities;

(D) the potential economic benefits of the expenditures on job creation and general economic development in the affected rural and tribal communities;

(E) the ability of the authorized rural water project to address regional and watershed level water supply needs;

(F) the ability of the authorized rural water project—

(i) to minimize water and energy consumption; and

(ii) to encourage the development of renewable energy resources, such as wind, solar, and hydropower elements;

(G) the need for the authorized rural water project to address—

(i) the needs of Indian tribes and members of Indian tribes; and

(ii) other community needs or interests; and

(H) such other factors as the Secretary determines to be appropriate to prioritize the use of available funds.

Consistent with section 104, for each of fiscal years 2018 through 2038, the Secretary shall use not less than $35,000,000, plus accrued interest, of the amounts authorized to be expended from the Reclamation Infrastructure and Settlement Implementation Account established by section 102(2)—

(1) to provide compensation authorized under an Act of Congress to extinguish or otherwise resolve all monetary claims of an Indian tribe against the United States relating to the continued and past use of the land of the Indian tribe by the United States for the generation of hydropower; or

(2) to complete construction, planning, and design of projects and implement provisions authorized under 1 or more Acts of Congress that—

(A) settle or otherwise resolve, in whole or in part, litigation involving the United States and the rights of 1 or more Indian tribes to access, use, or manage water resources; or

(B) implement agreements approved by Congress pursuant to which 1 or more Indian tribes agree to some limitation on the exercise of rights or claims to access, use, or manage water resources.