A bill to amend the Endangered Species Act of 1973 to provide for a loan program for States and political subdivisions of States.

Amends the Endangered Species Act to authorize the Secretary of the Interior (Secretary) to enter into agreements with States, local governments, or groups of States or local governments to provide interest free loans for the acquisition of habitats for rare or endangered species.

Authorizes the Secretary to consider the number of species involved when making a habitat agreement determination.

Grants the Department of the Interior the right to assume habitat ownership.