Introduced in Senate
Finish the Arkansas Valley Conduit Act
SEC. 1. SHORT TITLETrack this section →
This Act may be cited as the Finish the Arkansas Valley Conduit Act.
SEC. 2. ARKANSAS VALLEY CONDUIT, COLORADOTrack this section →
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.