Summary#
The Finish the Arkansas Valley Conduit Act would change repayment rules in Public Law 87-590 for the Arkansas Valley Conduit project in Colorado. The bill makes several specific edits: it inserts the phrase "without interest" to require repayment without interest; it replaces language about revenue-generated payments with a rule that repayment "shall only consist of funding provided during construction from any person other than the Secretary"; it makes a small wording insertion of "of" before "revenue that"; and it adds that repayment is to be made "over a period of 100 years." The bill also removes the words "plus interest" and replaces a cross-reference to "this section" with "subsection (c) of the first section."
What it means for you#
- The bill changes how and when money must be repaid for the Arkansas Valley Conduit project. Repayments would be without interest and scheduled over 100 years. Repayments are limited to funds provided during construction by parties other than the Secretary.
- No publicly available information in the bill text explains how these changes would affect individual water users, local governments, or specific project participants.
Expenses#
- No publicly available information on total costs or federal budgetary effects is included in the bill text or the provided metadata.
- The bill text does change repayment terms (no interest and a 100-year repayment period) and limits the allowable payment source to construction-time funding from persons other than the Secretary, but it does not state dollar amounts or estimated budget impacts.
Proponents' View#
No publicly available information.
Opponents' View#
No publicly available information.