Markets for Federal Water: Subsidies, Property Rights, and the Bureau of Reclamation

By Richard W. Wahl | Go to book overview

Appendix
U.S. Department of the Interior's "Principles Governing Voluntary Water Transactions"

INTRODUCTORY NOTE

The following set of principles was issued by the U.S. Department of the Interior on December 16, 1988. These principles, approved by Assistant Secretary for Water and Science James Ziglar, are designed to guide Bureau of Reclamation review and approval of water transfer requests involving Bureau of Reclamation facilities. The principles embody, in part, the changes in administrative policies recommended in chapter 6 of this volume.

--R.W.W.

U.S. Department of the Interior
Washington, D.C.
December 16, 1988
"Principles Governing Voluntary Water Transactions
That Involve or Affect Facilities Owned or
Operated by the Department of the Interior"


PREAMBLE:

Transactions that involve water rights and supplies are occurring pursuant to State law with increasing frequency in the Nation, particularly in the Western United States. Such transactions include direct sale of water rights; lease of water rights; dry-year options on water rights; sale of land with associated water rights; and conservation investments with subsequent assignment of conserved water.

The Federal Government, as owner of a significant portion of the Nation's water storage and conveyance facilities, can assist State, Tribal, and local authorities in meeting local or regional water needs by improving or facilitat-

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