Bureau of Reclamation Hydropower Development Equity and Jobs Act - Amends the Water Conservation and Utilization Act (WCUA) to: (1) authorize the Secretary of the Interior (acting through the Bureau of Reclamation) to enter into leases of power privileges for electric power generation in connection with any project constructed pursuant to such Act, using the processes, terms, and conditions applicable to the lease under the Reclamation Project Act of 1939; and (2) grant the Secretary authority over any project constructed pursuant to such Act in addition to and alternative to any existing authority relating to a particular project.
Specifies that no findings required as prerequisites for construction of a water conservation or utilization project under WCUA shall be required for such a lease.
Requires: (1) all right, title, and interest in and to installed power facilities constructed by non-federal entities pursuant to such a lease, and any direct revenues derived from such lease, to remain with the lessee; and (2) lease charges to be credited to the project from which the power is derived.