[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 131 Engrossed in House (EH)]
<DOC>
119th CONGRESS
1st Session
H. R. 131
_______________________________________________________________________
AN ACT
To make certain modifications to the repayment for the Arkansas Valley
Conduit in the State of Colorado.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Finish the Arkansas Valley Conduit
Act''.
SEC. 2. ARKANSAS VALLEY CONDUIT, COLORADO.
Public Law 87-590 (76 Stat. 389; 123 Stat. 1320) is amended--
(1) in the first section--
(A) in subsection (c), in the second sentence, by
striking ``or in the case of the Arkansas Valley
Conduit, payment in an amount equal to 35 percent of
the cost of the conduit that is comprised of revenue
generated by payments pursuant to a repayment contract
and revenue that may be derived from contracts for the
use of Fryingpan-Arkansas project excess capacity or
exchange contracts using Fryingpan-Arkansas project
facilities,''; and
(B) by adding at the end the following:
``(d) Arkansas Valley Conduit.--
``(1) Repayment contract.--To provide domestic water
supplies to communities and households that do not have
reliable access to domestic water supplies, the contract for
the Arkansas Valley Conduit shall provide for payment in an
amount equal to 35 percent of the cost of the conduit,
notwithstanding the reclamation laws or any other provision of
this Act. The contract payments shall consist of--
``(A) funding provided during construction from any
entity other than the Secretary; and
``(B) based on a demonstration of financial
hardship, as determined by the Secretary, repayment of
the balance not covered under subparagraph (A) for a
period of not more than 75 years with simple interest
at a rate that is equal to 50 percent of the interest
rate determined by the Secretary of the Treasury under
section 2(c), including revenue derived from contracts
for the use of excess capacity or exchange contracts
using Fryingpan-Arkansas project facilities.
``(2) Operations and maintenance.--The contract for the
Arkansas Valley Conduit shall provide for the assumption by the
contracting parties of the care, operation, maintenance, and
replacement of the conduit.''; and
(2) in section 2(b)(3)(A), by striking ``this section'' and
inserting ``subsection (d) of the first section''.
Passed the House of Representatives July 21, 2025.
Attest:
Clerk.
119th CONGRESS
1st Session
H. R. 131
_______________________________________________________________________
AN ACT
To make certain modifications to the repayment for the Arkansas Valley
Conduit in the State of Colorado.