Official Summaries

Finish the Arkansas Valley Conduit Act

This bill reduces payments that communities within the Arkansas River Valley must pay to the Bureau of Reclamation for the construction of the Arkansas Valley Conduit, a pipeline in Colorado for delivering water from the Pueblo Reservoir to such communities. Specifically, it removes interest payments and extends the repayment period to 100 years.

Current Full Text

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 131 Enrolled Bill (ENR)]

        H.R.131

                     One Hundred Nineteenth Congress

                                 of the

                        United States of America


                          AT THE FIRST SESSION

           Begun and held at the City of Washington on Friday,
         the third day of January, two thousand and twenty-five


                                 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''.

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.