1. Short title This Act may be cited as the Conveyance Capacity Correction Act . 2. Conveyance capacity correction projects (a) In general The Secretary may provide funding to States and joint powers authorities for the initiation, acceleration, and completion of repairs to— (1) water conveyance facilities at transferred works located in a Reclamation State; or (2) water conveyance facilities that distribute irrigation water and untreated municipal water supplies from water storage facilities that are owned by the United States under the jurisdiction of the Bureau of Reclamation and operated by a State entity. (b) Eligibility A project eligible for funding under this section is a project where— (1) damage caused by land subsidence has resulted in the need to undertake non-recurring repairs on a conveyance facility that conveys water from an estuary to a joint powers authority or public water agency; (2) the Secretary has determined that the conveyance facilities have lost 10 percent or more of their designed carrying capacity along some portion of the facility; or (3) restoring carrying capacity of a conveyance facility would assist in meeting groundwater sustainability goals defined under State law. (c) Ineligible projects On-farm conveyance facilities and conveyance facilities that serve only one water district are not eligible for funding under this Act. (d) Priority The Secretary shall give funding priority to projects that— (1) are located in both— (A) a State that has been identified by the United States Drought Monitor as experiencing severe, extreme, or exceptional drought during some or all of at least 7 calendar years during the 10-year period ending immediately before such funds are made available; and (B) an area that has been identified by the United States Drought Monitor as experiencing exceptional drought during some or all of at least 4 calendar years during the 10-year period ending immediately before such funds are made available; (2) restore conveyance capacity lost as a result of subsidence