Truckee-Carson-Pyramid Lake Water Rights Settlement Act

[AI summary unavailable — showing source text] Truckee-Carson-Pyramid Lake Water Rights Settlement Act - Title I: Interstate Water Apportionment Provisions - Confirms the interstate allocation of waters of the Carson River and its tributaries pursuant to a specified court decree. Allocates sufficient water to the States of California and Nevada from such river and its tributaries to serve beneficial uses not encompassed in such decree and initiated prior to the effective date of this Act. Establishes a right to compensation to California for any discontinuance of waters of such river and its tributaries, subject to specified conditions. Authorizes the State of Nevada, its agencies, or private entities and individuals to construct storage facilities within the Carson River Basin, with a specified condition. Confirms under the court decree: (1) the right to change water use from irrigation to storage for municipal or industrial uses; and (2) the storage, release, and use of water as determined by reservoir capacity and river yields. Allows water so diverted to be stored for use in current or subsequent years. Sets limits on the annual gross diversions for use within the Lake Tahoe Basin from natural sources. Specifies allocations…