Yosemite National Park Equal Access and Fairness Act

On September 10, 2026, HR177 (Yosemite National Park Equal Access and Fairness Act) was referred to the Subcommittee on Water, Wildlife and Fisheries. The bill amends the 1913 Raker Act to raise the annual rent paid by the San Francisco Public Utilities Commission (SFPUC) from $30,000 to $2 million, adjusted annually for CPI. It also prohibits SFPUC from recouping this cost from wholesale water or power customers and allows the Department of the Interior to use the rent for wildfire mitigation. Additionally, the bill mandates that the National Park Service administer the Hetch Hetchy Reservoir and Lake Eleanor Basin for public recreation, including swimming, non-motorized watercraft, camping, and picnicking. The bill is in its earliest legislative stage—referred to subcommittee—and faces a long path through committee markup, House floor, Senate, and presidential action. No federal funds are authorized or appropriated; the rent increase is a transfer from a municipal utility to the federal government. No publicly traded companies are directly affected. SFPUC is a municipal entity, and the recreational provisions are administrative for the National Park Service. The bill's narrow scope and early stage yield no material market implications for retail investors.