January 29, 2025
Mr. Bennet (for himself and Mr. Hickenlooper) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources
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) is amended—
(1)
in subsection (c) of the first section (76 Stat. 390; 123 Stat. 1320), in the second sentence—
(A)
by inserting , without interest,
before in an amount
;
(B)
by striking that is comprised of revenue generated by payments
and inserting , which payment shall only consist of funding provided during construction from any person other than the Secretary
;
(C)
by inserting of
before revenue that
; and
(D)
by inserting over a period of 100 years
after project facilities
; and
(2)
in section 2(b)(3)(A) (76 Stat. 390; 123 Stat. 1321)—
(A)
by striking plus interest
; and
(B)
by striking this section
and inserting subsection (c) of the first section
.