A bill to aid the conservation of natural water resources and protect the scenic New River by prohibiting the Federal licensing of the construction of certain types of projects on or directly affecting a certain portion of the New River in North Carolina and Virginia.

Provides that no Federal agency or entity shall license or otherwise give permission, either under the Federal Power Act or any other Act of Congress, to the construction of any dam or reservoir on or directly affecting the New River from the headwaters of its South and North Forks to the town of Fries, Virginia.