This bill authorizes the deposit of specified interest payments for water rights settlements into the Taos Pueblo Water Development Fund and the Aamodt Settlement Pueblos' Fund.
Established in 2010 under separate settlement agreements, the Taos Pueblo Water Development Fund is for the Pueblo of Taos, New Mexico and the Aamodt Settlement Pueblos' Fund is for the Pueblos of Nambe, Pojoaque, San Ildefonso, and Tesuque, New Mexico.