Finish the Arkansas Valley Conduit Act

#296 | S Congress #119

Last Action: Read twice and referred to the Committee on Energy and Natural Resources. (1/29/2025)

Bill Text Source: Congress.gov

Summary and Impacts
Original Text
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. 296 Introduced in Senate (IS)]

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119th CONGRESS
  1st Session
                                 S. 296

To make certain modifications to the repayment for the Arkansas Valley 
                   Conduit in the State of Colorado.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            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

_______________________________________________________________________

                                 A BILL


 
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''.
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