What does Preamble of Finish the Arkansas Valley Conduit Act do?

This bill aims to make certain modifications to the repayment for the Arkansas Valley Conduit in the State of Colorado.

What does SHORT TITLE. of Finish the Arkansas Valley Conduit Act do?

This bill is formally titled the Finish the Arkansas Valley Conduit Act.

What does ARKANSAS VALLEY CONDUIT, COLORADO. of Finish the Arkansas Valley Conduit Act do?

This section amends Public Law 87-590. Subsection (c) of the first section is modified to specify that loans are made 'without interest'. The funding source for the project is restricted to payments from entities other than the Secretary during construction. A timeframe of 100 years is added regarding the project facilities. Section 2(b)(3)(A) is amended to remove 'plus interest' and reference subsection (c) of the first section.

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Finish the Arkansas Valley Conduit Act

Last updated: 1/29/2025 · Introduced: 1/29/2025

Author: Michael Bennet (D-CO)

TL;DR (AI)

This bill modifies repayment terms for the Arkansas Valley Conduit project in Colorado, stipulating that loans will be made without interest.
The bill restricts the funding source for the conduit's construction to payments from entities other than the Secretary.
The bill extends the timeframe for repayment of project facilities to 100 years.

119th Congressin committeeHR. 131(Vetoed)Official page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

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