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business in the city of Placerville, El Dorado Coun-
ty, California.
(2) The term ‘‘Secretary’’ means the Secretary
of the Interior.
(3) The term ‘‘Project’’ means all of the right,
title, and interest in and to the Sly Park Dam and
Reservoir, Camp Creek Diversion Dam and Tunnel,
and conduits and canals held by the United States
pursuant to or related to the authorization in the
Act entitled ‘‘An Act to authorize the American
River Basin Development, California, for irrigation
and reclamation, and for other purposes,’’ approved
October 14, 1949 (63 Stat. 852 chapter 690);
SEC. 3. CONVEYANCE OF PROJECT.
(a) IN GENERAL.—In consideration of the District
accepting the obligations of the Federal Government for
the Project and subject to the payment by the District
of the net present value of the remaining repayment obli-
gation, as determined by Office of Management and Budg-
et Circular A–129 (in effect on the date of enactment of
this Act), the Secretary shall convey the Project to the
District. Such transfer shall be subject to a reversion in
favor of the United States if the remaining repayment ob-
ligations to the United States, referred to in section 5(a),
are not completed.
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(b) DEADLINE.—
(1) IN GENERAL.—If no changes in Project op-
erations are expected following the conveyance under
subsection (a), the Secretary shall complete the con-
veyance expeditiously, but not later than 180 days
after the date of the enactment of this Act.
(2) DEADLINE IF CHANGES IN OPERATIONS IN-
TENDED.—If the District intends to change Project
operations as a result of the conveyance under sub-
section (a), the Secretary—
(A) shall take into account those potential
changes for the purpose of completing any re-
quired environmental evaluation associated with
the conveyance; and
(B) shall complete the conveyance by not
later than 2 years after the date of the enact-
ment of this Act.
(3) 
ADMINISTRATIVE
COSTS
OF
CONVEY-
ANCE.—If the Secretary fails to complete the con-
veyance under this title before the applicable dead-
line under paragraph (1) or (2), the full cost of ad-
ministrative action and environmental compliance for
the conveyance shall be borne by the Secretary. If
the Secretary completes the conveyance before that
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deadline, one-half of such cost shall be paid by the
District.
SEC. 4. RELATIONSHIP TO EXISTING OPERATIONS.
(a) IN GENERAL.—Nothing in this title shall be con-
strued as significantly expanding or otherwise changing
the use or operation of the Project from its current use
and operation.
(b) FUTURE ALTERATIONS.—If the District alters
the operations or uses of the Project it shall comply with
all applicable laws or regulations governing such changes
at that time (subject to section 5).
SEC. 5. RELATIONSHIP TO CERTAIN CONTRACT OBLIGA-
TIONS.
(a) PAYMENT OBLIGATIONS NOT AFFECTED.—The
conveyance of the project under this title does not affect
the payment obligations of the District under the contract
between the District and the Secretary numbered 14–06–
200–7734, as amended by contracts numbered 14–06–
200–4282A and 14–06–200–8536A. At any time, the Dis-
trict may elect to prepay its remaining repayment obliga-
tions under contract numbered 14–06–200–7734, as
amended by contracts numbered 14–06–200–4282A and
14–06–200–8536A, by tendering to the Secretary the net
present value, at that time, of the remaining repayment
obligation as determined by Office of Management and
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Budget Circular A–129 (in effect on the date of enactment
of this title). Effective on the date of such tender, or on
the date of completion of all repayment obligations, which-
ever occurs first, any reversionary interest of the United
States in and to the Project is extinguished.
(b) PAYMENT OBLIGATIONS EXTINGUISHED.—Provi-
sion of consideration by the District in accordance with
section 403(b) shall extinguish all payment obligations
under contract numbered 14–06–200–949IR1 between the
District and the Secretary.
SEC. 6. RELATIONSHIP TO OTHER LAWS.
(a) RECLAMATION LAWS.—Except as provided in
subsection (b), upon conveyance of the Project under this
title, the Reclamation Act of 1902 (82 Stat. 388) and all
Acts amendatory thereof or supplemental thereto shall not
apply to the Project.
(b) PAYMENTS
INTO
THE
CENTRAL
VALLEY
PROJECT RESTORATION FUND.—The El Dorado Irriga-
tion District shall continue to make payments into the
Central Valley Project Restoration Fund until the year
2029. The District’s obligation shall be calculated in the
same manner as Central Valley Project water contractors.
SEC. 7. LIABILITY.
Except as otherwise provided by law, effective on the
date of conveyance of the Project under this title, the
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United States shall not be liable for damages of any kind
arising out of any act, omission, or occurrence based on
its prior ownership or operation of the conveyed property.
Æ