16 Jan 2025
🌊DOI Revises Regulations on Reservoir Lands Acquisition Policies
Joint Policies of the Departments of the Interior and of the Army Relative to Reservoir Project Lands
Summary
We, the Department of the Interior (DOI), are revising regulations that govern DOI's internal real property acquisition policies for reservoir lands. This direct final rule adds a section to allow deviations for the acquisition of less than fee title realty interests in and around reservoirs owned by DOI and typically only those constructed before 1962, a relatively infrequent occurrence.
Agencies
- Interior Department
- N/A
Business Impact
$$ - Med
The regulation revision impacts real property acquisition for reservoir lands, facilitating the use of easements instead of fee title. This could lead to cost reductions and efficiency improvements for businesses involved in water resource projects, enhancing compliance and regulatory efficiency.