IIA
105TH CONGRESS
2D SESSION
H. R. 3687
IN THE SENATE OF THE UNITED STATES
AUGUST 31, 1998
Received; read twice and referred to the Committee on Energy and Natural
Resources
AN ACT
To authorize prepayment of amounts due under a water
reclamation project contract for the Canadian River
Project, Texas.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Canadian River Project
Prepayment Act’’.
SEC. 2. DEFINITIONS.
For the purposes of this Act:
(1) The term ‘‘Authority’’ means the Canadian
River Municipal Water Authority, a conservation
and reclamation district of the State of Texas.
(2) The term ‘‘Canadian River Project Author-
ization Act’’ means the Act entitled ‘‘An Act to au-
thorize the construction, operation, and maintenance
by the Secretary of the Interior of the Canadian
River reclamation project, Texas’’, approved Decem-
ber 29, 1950 (chapter 1183; 64 Stat. 1124).
(3) The term ‘‘Project’’ means all of the right,
title and interest in and to all land and improve-
ments comprising the pipeline and related facilities
of the Canadian River Project authorized by the Ca-
nadian River Project Authorization Act.
(4) The term ‘‘Secretary’’ means the Secretary
of the Interior.
SEC. 3. PREPAYMENT AND CONVEYANCE OF PROJECT.
(a) IN GENERAL.—(1) In consideration of the Au-
thority accepting the obligation of the Federal Govern-
ment for the Project and subject to the payment by the
Authority of the applicable amount under paragraph (2)
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within the 360-day period beginning on the date of the
enactment of this Act, the Secretary shall convey the
Project to the Authority, as provided in section 2(c)(3)
of the Canadian River Project Authorization Act (64 Stat.
1124).
(2) For purposes of paragraph (1), the applicable
amount shall be—
(A) $34,806,731, if payment is made by the
Authority within the 270-day period beginning on
the date of enactment of this Act; or
(B) the amount specified in subparagraph (A)
adjusted to include interest on that amount since the
date of the enactment of this Act at the appropriate
Treasury bill rate for an equivalent term, if payment
is made by the Authority after the period referred
to in subparagraph (A).
(3) If payment under paragraph (1) is not made by
the Authority within the period specified in paragraph (1),
this Act shall have no force or effect.
(b) FINANCING.—Nothing in this Act shall be con-
strued to affect the right of the Authority to use a particu-
lar type of financing.
SEC. 4. RELATIONSHIP TO EXISTING OPERATIONS.
(a) IN GENERAL.—Nothing in this Act shall be con-
strued as significantly expanding or otherwise changing
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SEC. 6. RELATIONSHIP TO OTHER LAWS.
Upon conveyance of the Project under this Act, the
Reclamation Act of 1902 (82 Stat. 388) and all Acts
amendatory thereof or supplemental thereto shall not
apply to the Project.
SEC. 7. LIABILITY.
Except as otherwise provided by law, effective on the
date of conveyance of the Project under this Act, the
United States shall not be liable under any law for dam-
ages of any kind arising out of any act, omission, or occur-
rence relating to the conveyed property.
Passed the House of Representatives August 7 (leg-
islative day, August 6), 1998.
Attest:
ROBIN H. CARLE,
Clerk.