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H.R. 1001: To provide for a memorandum of understanding to address the impacts of a certain record of decision on the Upper Colorado River Basin Fund.

The bill aims to establish a framework for a memorandum of understanding (MOU) between the Secretary of the Interior and the Secretary of Energy. This MOU is specifically designed to address the implications of a recent record of decision related to the Glen Canyon Dam's long-term management plan on the Upper Colorado River Basin Fund (the Fund).

Key Provisions

  • Establishment of the MOU: The MOU must be created promptly after the bill is enacted, and it will involve the involvement of the Glen Canyon Dam Adaptive Management Work Group.
  • Scope of the MOU: The agreement will focus on understanding how the 2024 record of decision affects the Fund, including:
    • Operational impacts: Addressing how the decision affects normal operations, maintenance, and necessary replacements of vital infrastructure associated with the Fund.
    • Hydropower production: Considering the effects of the decision on the production of hydropower at Glen Canyon Dam, specifically regarding the costs of replacements and the reliability of the power grid.
    • Environmental considerations: Assessing impacts on species that are classified as threatened or endangered, in accordance with the Endangered Species Act of 1973.
  • Legal protections: The bill includes clauses that ensure it does not override existing rights or obligations established under the Administrative Procedure Act.

Implementation Timeline

The bill emphasizes that the relevant authorities should act as quickly as possible to form the MOU after the bill becomes law, ensuring that the identified issues are addressed in a timely manner.

Purpose of the MOU

The overarching goal of the MOU is to provide a structured approach to understanding and mitigating any negative effects that may arise from implementing the 2024 decision on the Fund and associated ecosystems.

Potential Impact on Hydropower and Environment

By focusing on the impacts of the record of decision, the MOU aims to maintain a balance between energy production (via hydropower) and environmental conservation, particularly concerning endangered species.

Relevant Companies

  • AMRS - Possible involvement in renewable energy efforts, impacted by changes in hydropower production regulations.
  • NEE - Operates in the energy sector, subject to regulations regarding hydropower and environmental impacts.

This is an AI-generated summary of the bill text. There may be mistakes.

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Sponsors

3 bill sponsors

Actions

6 actions

Date Action
Apr. 17, 2025 Placed on the Union Calendar, Calendar No. 38.
Apr. 17, 2025 Reported by the Committee on Natural Resources. H. Rept. 119-61.
Feb. 12, 2025 Committee Consideration and Mark-up Session Held
Feb. 12, 2025 Ordered to be Reported by Unanimous Consent.
Feb. 05, 2025 Introduced in House
Feb. 05, 2025 Referred to the House Committee on Natural Resources.

Corporate Lobbying

0 companies lobbying

None found.

* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.

Potentially Relevant Congressional Stock Trades

Estimated excess return of the underlying stock since the transaction
Politician Stock Transaction Filed Traded
Congress pfp
Rick Larsen D / House
NEE logo
NEE NEXTERA ENERGY, INC. COMMON STOCK
Sale $1,001 - $15,000
Apr 15, 2025 Apr 09, 2025 -3.61%
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Dwight Evans D / House
NEE logo
NEE NEXTERA ENERGY, INC. COMMON STOCK
Sale $1,001 - $15,000
Apr 17, 2025 Apr 03, 2025 -10.80%
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George Whitesides D / House
NEE logo
NEE STOCK, COMPANY-SPECIFIC HOLDINGS INTO PASSIVE ETFS AND MUTUAL FUNDS, PER BEST PRACTICES. C�������: TO AVOID ANY POSSIBLE CONFLICTS OF INTEREST WITH MY FUTURE CONGRESSIONAL WORK, I’M TRANSITIONING MY SINGLE STOCK, COMPANY-SPECIFIC HOLDINGS INTO PASSIVE ETFS AND MUTUAL FUNDS, PER BEST PRACTICES. NEXTERA ENERGY, INC. COMMON STOCK
Sale $50,001 - $100,000
Apr 23, 2025 Mar 24, 2025 -1.28%
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Marjorie Taylor Greene R / House
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NEE NEXTERA ENERGY, INC. COMMON STOCK
Purchase $1,001 - $15,000
Jan 27, 2025 Jan 21, 2025 +2.00%
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Julie Johnson D / House
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NEE NEXTERA ENERGY, INC. COMMON STOCK
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Feb 12, 2025 Jan 15, 2025 +2.53%
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Marjorie Taylor Greene R / House
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NEE NEXTERA ENERGY, INC. COMMON STOCK
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Nov 27, 2024 Nov 25, 2024 -5.91%
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Marjorie Taylor Greene R / House
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NEE NEXTERA ENERGY, INC. COMMON STOCK
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Nov 08, 2024 Nov 07, 2024 -3.87%
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Greg Landsman D / House
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NEE NEXTERA ENERGY, INC. COMMON STOCK
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Nov 14, 2024 Oct 15, 2024 -15.13%
Congress pfp
Greg Landsman D / House
NEE logo
NEE NEXTERA ENERGY, INC. COMMON STOCK
Sale $1,001 - $15,000
Nov 14, 2024 Oct 15, 2024 -15.13%
Congress pfp
Greg Landsman D / House
NEE logo
NEE NEXTERA ENERGY, INC. COMMON STOCK
Purchase $1,001 - $15,000
Oct 14, 2024 Sep 10, 2024 -20.06%
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John James R / House
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NEE NEXTERA ENERGY, INC. COMMON STOCK
Sale $1,001 - $15,000
Sep 06, 2024 Sep 04, 2024 -18.45%
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Scott Franklin R / House
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NEE NEXTERA ENERGY, INC. COMMON STOCK
Sale $50,001 - $100,000
Aug 20, 2024 Aug 06, 2024 -19.59%
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Scott Franklin R / House
NEE logo
NEE NEXTERA ENERGY, INC. COMMON STOCK
Sale $1,001 - $15,000
Aug 20, 2024 Aug 01, 2024 -17.11%
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Jared Moskowitz D / House
NEE logo
NEE NEXTERA ENERGY, INC. COMMON STOCK
Purchase $1,001 - $15,000
Aug 06, 2024 Jul 01, 2024 -6.41%
Congress pfp
Marjorie Taylor Greene R / House
NEE logo
NEE NEXTERA ENERGY, INC. COMMON STOCK
Purchase $1,001 - $15,000
Jun 27, 2024 Jun 24, 2024 -11.64%
Congress pfp
Kevin Hern R / House
NEE logo
NEE NEXTERA ENERGY, INC. COMMON STOCK
Purchase $1,001 - $15,000
Jul 15, 2024 Jun 17, 2024 -9.23%
Congress pfp
Tina Smith D / Senate
NEE logo
NEE Nextera Energy
Sale (Partial) $100,001 - $250,000
Apr 19, 2024 Apr 04, 2024 -3.64%
Congress pfp
Kevin Hern R / House
NEE logo
NEE NEXTERA ENERGY, INC. COMMON STOCK
Purchase $1,001 - $15,000
Apr 12, 2024 Mar 15, 2024 +2.32%
Congress pfp
Jared Moskowitz D / House
NEE logo
NEE NEXTERA ENERGY, INC. COMMON STOCK
Sale $1,001 - $15,000
Aug 21, 2024 Feb 13, 2024 +8.13%
Congress pfp
Rick W. Allen R / House
NEE logo
NEE NEXTERA ENERGY, INC.
Sale $15,001 - $50,000
Jan 11, 2024 Dec 21, 2023 -5.65%
Congress pfp
Kevin Hern R / House
NEE logo
NEE NEXTERA ENERGY, INC.
Purchase $1,001 - $15,000
Jan 13, 2024 Dec 15, 2023 -9.40%
Congress pfp
Greg Stanton D / House
NEE logo
NEE NEXTERA ENERGY, INC.
Sale $1,001 - $15,000
Nov 09, 2023 Oct 24, 2023 -10.14%
Congress pfp
Jonathan L. Jackson D / House
NEE logo
NEE NEXTERA ENERGY, INC.
Sale $15,001 - $50,000
Nov 16, 2023 Oct 04, 2023 +0.87%
Congress pfp
Greg Stanton D / House
NEE logo
NEE NEXTERA ENERGY, INC.
Purchase $1,001 - $15,000
Nov 09, 2023 Sep 26, 2023 -27.71%
Congress pfp
Jonathan L. Jackson D / House
NEE logo
NEE NEXTERA ENERGY, INC.
Sale $15,001 - $50,000
Nov 01, 2023 Sep 19, 2023 -26.15%
Congress pfp
Kevin Hern R / House
NEE logo
NEE NEXTERA ENERGY, INC.
Purchase $1,001 - $15,000
Oct 13, 2023 Sep 15, 2023 -27.54%
Congress pfp
Scott Franklin R / House
NEE logo
NEE NEXTERA ENERGY, INC.
Sale $15,001 - $50,000
Oct 12, 2023 Sep 11, 2023 -24.95%
Congress pfp
Thomas R. Carper D / Senate
NEE logo
NEE Nextera Energy
Purchase $1,001 - $15,000
Sep 05, 2023 Aug 29, 2023 -24.76%
Congress pfp
Jonathan L. Jackson D / House
NEE logo
NEE NEXTERA ENERGY, INC.
Sale $1,001 - $15,000
Sep 11, 2023 Aug 29, 2023 -24.76%
Congress pfp
Michael Guest R / House
NEE logo
NEE NEXTERA ENERGY, INC.
Purchase $1,001 - $15,000
Aug 23, 2023 Aug 07, 2023 -25.94%
Congress pfp
Jonathan L. Jackson D / House
NEE logo
NEE NEXTERA ENERGY, INC.
Sale $15,001 - $50,000
Aug 09, 2023 Jul 18, 2023 -29.54%
Congress pfp
Jared Moskowitz D / House
NEE logo
NEE NEXTERA ENERGY, INC. COMMON STOCK
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Aug 21, 2024 Jul 14, 2023 -32.33%
Congress pfp
Kevin Hern R / House
NEE logo
NEE NEXTERA ENERGY, INC.
Purchase $1,001 - $15,000
Jul 12, 2023 Jun 15, 2023 -35.55%
Congress pfp
Jonathan L. Jackson D / House
NEE logo
NEE NEXTERA ENERGY, INC.
Sale $15,001 - $50,000
Jun 06, 2023 May 26, 2023 -41.75%
Congress pfp
Zoe Lofgren D / House
NEE logo
NEE NEXTERA ENERGY, INC.
Sale $1,001 - $15,000
Jun 06, 2023 May 25, 2023 -42.81%