Finish the Arkansas Valley Conduit Act

Bill: 119-s-296
Sponsor: full_name: Sen. Bennet, Michael F. [D-CO]
Introduced: 2025-01-29
Policy area: Water Resources Development
Subjects: Colorado

Pipelines

Water resources funding

Water use and supply
Latest action: action_date: 2025-01-29
text: Read twice and referred to the Committee on Energy and Natural Resources.

Summaries:
action_date: 2025-01-29
action_desc: Introduced in Senate
text: <p><strong>Finish the Arkansas Valley Conduit Act</strong></p><p>This bill reduces payments that communities within the Arkansas River Valley must pay to the Bureau of Reclamation for the construction of the Arkansas Valley Conduit, a pipeline in Colorado for delivering water from the Pueblo Reservoir to such communities. Specifically, it removes interest payments and extends the repayment period to 100 years.</p>

tv_txt: II 119th CONGRESS 1st Session S. 296 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.

1. Short title This Act may be cited as the Finish the Arkansas Valley Conduit Act . 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 .