What is the current status of HR 4598?

HR 4598 is currently: In House.

Who sponsored HR 4598?

HR 4598 was sponsored by Teresa Leger Fernandez (D), Rep.

Increases Water Fund Interest Payments

IntroducedJuly 22, 2025

In House6 days ago

Intro

House

Senate

Pres

Waiting for a House floor vote.

It has cleared committee and can be brought up at any time, though no date is set.

Native AmericansGovernment trust fundsIndian lands and resources rightsNew Mexico

Why This Matters

This bill increases interest payments for several water funds, including the Navajo Nation, Taos Pueblo, and Aamodt Settlement Pueblos, from 2027 to 2033.

If you are part of the Navajo Nation or Taos Pueblo, this bill increases your water fund interest payments starting in 2027.

Who this affects

Navajo Nation · Taos Pueblo · Aamodt Settlement Pueblos

What changes is this bill making?

1The bill allows adjusted interest payments on the Navajo Nation Water Resources Development Trust Fund from 2027 to 2033.
2It authorizes adjusted interest payments for the Taos Pueblo Water Development Fund for the same period, based on specific investment calculations.
3The bill also allows adjusted interest payments for the Aamodt Settlement Pueblos' Fund, including a waiver of certain payments to the U.S. Treasury.

Read the detailed summary

Technical Corrections to the Northwestern New Mexico Rural Water Projects Act, Taos Pueblo Indian Water Rights Settlement Act, and Aamodt Litigation Settlement Act This bill authorizes deposits representing unpaid interest into the Navajo Nation Water Resources Development Trust Fund, the Taos Pueblo Water Development Fund, and the Aamodt Settlement Pueblos’ Fund. These funds were established in 2009 and 2010 under certain water rights settlement agreements that did not allow accrual of interest.

Read full document

Last changed 1 day ago · checked hourly

Increases Water Fund Interest Payments

IntroducedJuly 22, 2025

In House6 days ago

Intro

House

Senate

Pres

Waiting for a House floor vote.

It has cleared committee and can be brought up at any time, though no date is set.

Native AmericansGovernment trust fundsIndian lands and resources rightsNew Mexico

Why This Matters

This bill increases interest payments for several water funds, including the Navajo Nation, Taos Pueblo, and Aamodt Settlement Pueblos, from 2027 to 2033.

If you are part of the Navajo Nation or Taos Pueblo, this bill increases your water fund interest payments starting in 2027.

Who this affects

Navajo Nation · Taos Pueblo · Aamodt Settlement Pueblos

What changes is this bill making?

1The bill allows adjusted interest payments on the Navajo Nation Water Resources Development Trust Fund from 2027 to 2033.
2It authorizes adjusted interest payments for the Taos Pueblo Water Development Fund for the same period, based on specific investment calculations.
3The bill also allows adjusted interest payments for the Aamodt Settlement Pueblos' Fund, including a waiver of certain payments to the U.S. Treasury.

Read the detailed summary

Read full document

Last changed 1 day ago · checked hourly