,,ii #aai? ,,congress #b;d ,session ,s4 #dedi ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #ad1 #bjbf,mr4 ,cornyn introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,=eign ,relations ,a ,,bill ,to ensure ! reliable deliv]y ( wat] to ! ,unit$ ,/ates "u ! #aidd ,wat] ,treaty1 to provide a me*anism to comp5sate ,unit$ ,/ates agricultural produc]s = economic losses result+ f deliv]y %ortfalls1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,wat] ,assurance & ,treaty ,en=cem5t = ,rio ,gr&e ,f>m]s ,act or ! ,,wat] = ,f>m]s ,act4 #b4 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,! ,treaty relat+ to ! ,utilization ( ,wat]s ( ! ,colorado & ,tijuana ,riv]s & ( ! ,rio ,gr&e1 sign$ at ,wa%+ton ,febru>y #c1 #aidd 7#i ,bevans #aaff71 betwe5 ! ,unit$ ,/ates & ,mexico 79 ?is ,act ref]r$ to z ! #aidd ,wat] ,treaty or ! ,treaty71 int5ds = ,mexico to deliv] annually to ! ,unit$ ,/ates a m9imum ( #cej1jjj acre-feet ( wat] f ! ,rio ,gr&e bas91 measur$ 9 cycles ( #e consecutive ye>s4 7#b7 ,! practice ( rely+ on /orm ev5ts to comply ) ! t]ms ( ! ,treaty1 unpr$ictable ye>ly deliv]ies1 & accumulat+ l>ge deficits1 create pr(\nd unc]ta9ty & h inflict$ sev]e economic h>m on ,unit$ ,/ates agricultural produc]s & communities 9 ,s\? ,texas :o rely on regul> deliv]y ( wat] "u ! ,treaty4 7#c7 ,^? annual economic h>ms h a direct impact on int]/ate & int]national comm]ce1 di/ort agricultural m>kets1 & create unfair competitive conditions = ,unit$ ,/ates agricultural produc]s4 7#d7 ,rec5t diplomatic agreem5ts betwe5 ! ,unit$ ,/ates & ,mexico1 includ+ ,m9utes #cbe & #cca ( ! ,int]national ,b\nd>y & ,wat] ,commission1 d n conta9 suffici5t en=cem5t me*anisms to gu>antee ! reliable deliv]y ( wat] necess>y = agricultural plann+ & production4 7#e7 ,new en=cem5t me*anisms are necess>y to ensure ! b5efits ( ! #aidd ,wat] ,treaty are fully realiz$ by ! ,unit$ ,/ates4 #c4 ,det]m9ation ( wat] deliv]y %ortfalls 7a7 ,9 g5]al ,n lat] ?an #cj days aft] ! end ( ea* ye> ( a five-ye> wat] deliv]y cycle "u ! #aidd ,wat] ,treaty1 ! ,secret>y ( ,/ate1 9 consultation ) ! ,unit$ ,/ates ,commission] ( ! ,int]national ,b\nd>y & ,wat] ,commission & ! ,secret>y ( ,agriculture1 %all det]m9e :e!r ,mexico has deliv]$ ! quantity ( wat] = t ye> requir$ "u subsection 7b74 ,if x is det]m9$ t ,mexico has n deliv]$ t quantity ( wat] = t ye>1 ,mexico %all be consid]$ 9 a wat] deliv]y %ortfall = t ye>4 7b7 ,annual deliv]y requirem5t 7#a7 ,9 g5]al ,! m9imum quantity ( wat] requir$ to be deliv]$ by ,mexico by ! end ( ea* ye> ( a cycle ( #e consecutive ye>s "u ! #aidd ,wat] ,treaty %all be #cej1jjj acre-feet4 7#b7 ,actions by ,secret>y ( ,/ate ,! ,secret>y ( ,/ate %all take su* actions z are necess>y to =malize ! requirem5t describ$ 9 p>agraph 7#a74 #d4 ,imposition ( duties dur+ p]iod ( wat] deliv]y %ortfalls 7a7 ,9 g5]al ,! ,unit$ ,/ates ,trade ,repres5tative1 9 consultation ) ! ,secret>y ( ,/ate1 ! ,secret>y ( ,agriculture1 & ! ,unit$ ,/ates ,commission] ( ! ,int]national ,b\nd>y & ,wat] ,commission1 %all impose duties ) respect to imports ( goods f ,mexico dur+ ! p]iod-- 7#a7 beg9n+ on ! date t is #ij days aft] a det]m9ation is made "u section #c7;a7 t ,mexico is 9 a wat] deliv]y %ortfall = a ye>2 & 7#b7 end+ on ! date t is #cj days aft] ! ,secret>y ( ,/ate1 9 consultation ) ! ,secret>y ( ,agriculture1 ! ,unit$ ,/ates ,trade ,repres5tative1 & ! ,unit$ ,/ates ,commission] ( ! ,int]national ,b\nd>y & ,wat] ,commission1 det]m9es & c]tifies to ,congress t ,mexico has rem$i$ ! wat] deliv]y %ortfalls = all prec$+ ye>s4 7b7 ,goods subject to duties ,! ,unit$ ,/ates ,trade ,repres5tative %all det]m9e ! goods import$ f ,mexico to be subject to duties "u subsection 7a71 prioritiz+ ! imposition ( su* duties ) respect to-- 7#a7 agricultural products or o!r goods = :i* su* duties are likely to h a significant economic impact on ,mexico2 & 7#b7 goods produc$ 9 areas t use wat] f-- 7,a7 ! ,rio ,gr&e ,riv]2 or 7,b7 tribut>ies t %\ld fl[ to ! ,rio ,gr&e ,riv]4 7c7 ,increas$ duties = %ortfall c>ryov]s ,if ,mexico is 9 a wat] deliv]y %ortfall = a second or subsequ5t consecutive ye>1 ! ,unit$ ,/ates ,trade ,repres5tative %all increase ! duties impos$ ) respect to imports ( goods f ,mexico1 by-- 7#a7 increas+ ! rates ( duty applicable to su* goods2 or 7#b7 exp&+ ! categories ( goods to :i* su* duties apply4 #e4 ,s\? ,texas ,agricultural ,comp5sation ,tru/ ,fund 7a7 ,9 g5]al ,!re is e/abli%$ 9 ! ,treasury ( ! ,unit$ ,/ates a tru/ fund1 to be kn[n z ! ,s\? ,texas ,agricultural ,comp5sation ,tru/ ,fund 79 ?is section ref]r$ to z ! ,tru/ ,fund71 consi/+ (-- 7#a7 am\nts transf]r$ to ! tru/ fund "u subsection 7b72 & 7#b7 any am\nts t may be cr$it$ to ! tru/ fund "u subsection 7c74 7b7 ,transf] ( am\nts ,! ,secret>y ( ! ,treasury %all transf] to ! ,tru/ ,fund1 f ! g5]al fund ( ! ,treasury1 an am\nt equival5t to ! am\nt receiv$ into ! g5]al fund & attributable to duties collect$ "u section #d4 7c7 ,inve/m5t ( am\nts 7#a7 ,inve/m5t ( am\nts ,! ,secret>y %all inve/ su* portion ( ! ,tru/ ,fund z is n requir$ to meet curr5t )drawals 9 int]e/-be>+ obligations ( ! ,unit$ ,/ates or 9 obligations gu>ante$ z to bo? pr9cipal & int]e/ by ! ,unit$ ,/ates4 7#b7 ,int]e/ & proce$s ,! int]e/ on1 & ! proce$s f ! sale or r$emption (1 any obligations held 9 ! ,tru/ ,fund %all be cr$it$ to & =m a "p ( ! ,tru/ ,fund4 7d7 ,availability ( am\nts ,am\nts 9 ! ,tru/ ,fund %all be available1 )\t fur!r appropriation1 to ! ,secret>y ( ,agriculture to provide direct f9ancial comp5sation to agricultural produc]s :o h suff]$ economic losses z det]m9$ "u section #f4 #f4 ,comp5sation ( ,unit$ ,/ates agricultural produc]s h>m$ by wat] deliv]y %ortfalls 7a7 ,9 g5]al ,n lat] ?an #ij days aft] a det]m9ation is made "u section #c7;a7 t ,mexico is 9 a wat] deliv]y %ortfall = a ye>1 ! ,secret>y ( ,agriculture1 9 consultation ) ! ,secret>y ( ,/ate & ! ,unit$ ,/ates ,commission] ( ! ,int]national ,b\nd>y & ,wat] ,commission1 %all calculate ! direct economic losses incurr$ by ,unit$ ,/ates agricultural produc]s 9 ! ,rio ,gr&e ,valley z a result ( ! %ortfall4 7b7 ,comp5sation =mula ,! ,secret>y %all calculate direct economic losses "u subsection 7a7 at ! am\nt equal to ! product (-- 7#a7 ! %ortfall volume 9 acre-feet1 multipli$ by 7#b7 ! economic value p] acre-foot1 multipli$ by 7#c7 ! impact multipli]4 7c7 ,def9itions ,9 ?is section3 7#a7 ,economic value p] acre-foot ,! t]m economic value p] acre-foot means ! value d]iv$ by ! ,secret>y ( ,agriculture by consid]+ compreh5sive & regul>ly updat$ /udies ( ,s\? ,texas agricultural economics1 includ+ direct crop rev5ue losses1 increas$ co/s = alt]native wat] s\rces1 elevat$ wat] rates1 ! high] value & vuln]ability ( specialty crops1 & regional v>iations 9 wat] value4 7#b7 ,impact multipli] ,! t]m impact multipli] means ! multipli] d]iv$ by ! ,secret>y ( ,agriculture by consid]+ indirect & cascad+ economic impacts beyond direct f>m gate losses1 includ+ job losses 9 agriculture & relat$ sectors1 r$uc$ supplies to d[n/ream indu/ries1 & closures ( agricultural process+ bus9esses4 7#c7 ,%ortfall volume 9 acre-feet ,! t]m %ortfall volume 9 acre-feet means ! diff]5ce betwe5 ,mexico's requir$ wat] deliv]y "u section #c7;b7 = a ye> & ! actual volume ( wat] deliv]$ to ! ,unit$ ,/ates 9 acre-feet dur+ t ye>4 #g4 ,data collection & review ,! ,unit$ ,/ates ,section ( ! ,int]national ,b\nd>y & ,wat] ,commission1 9 coord9ation ) ! ,secret>y ( ,agriculture & ! ,secret>y ( ,/ate1 %all collect1 monitor1 & publicly report1 on a mon?ly basis1 detail$1 real-"t data on-- 7#a7 ! deliv]y ( wat] "u ! #aidd ,wat] ,treaty2 7#b7 precise calculations ( wat] deliv]y %ortfalls2 & 7#c7 ! /atus ( comp5sation paym5ts made "u section #f4 #h4 ,int]action ) ,treaty & o!r laws 7a7 ,treaty ,?is ,act is int5d$ to be con/ru$ & appli$ 9 a mann] consi/5t ) ! obligations ( ! ,unit$ ,/ates "u ! #aidd ,wat] ,treaty4 7b7 ,o!r laws ,no?+ 9 ?is ,act %all be con/ru$ to dim9i% or impair any "r or rem$y available "u-- 7#a7 any o!r provision ( ,f$]al or ,/ate law1 except z requir$ by ?is ,act2 or 7#b7 any o!r int]national agreem5t4