North American Wetlands Conservation Reauthorization Act
Summary
Revises the definition of "wetlands conservation project" to specify that: (1) water rights obtained as part of a real property interest must be those of a wetland ecosystem and associated habitat; and (2) habitat restored, managed, or enhanced must be associated with wetland ecosystems.
Authorizes appropriations for FY 2003 through 2007 to carry out the purposes of the Act.
Decreases the percentages of amounts available to carry out approved projects in Canada and Mexico.
Revises cost-sharing requirements to state that, except for projects located on Federal lands and waters, as a condition for provision of assistance, the portion of project costs paid with amounts from non-Federal U.S. sources shall be equal to at least the amount allocated by the Secretary of the Interior under the Act.
Makes technical corrections.
Amends the Chesapeake Bay Initiative Act of 1998 to extend the authorization through FY 2008.
