Section 1 Short title
This Act may be cited as the “Finish the Arkansas Valley Conduit Act”.
Finish the Arkansas Valley Conduit Act
A BILL
To make certain modifications to the repayment for the Arkansas Valley Conduit in the State of Colorado.
Sec. 2 Arkansas Valley Conduit, Colorado
Public Law 87–590 (76 Stat. 389) is amended—
in subsection (c) of the first section (76 Stat. 390; 123 Stat. 1320), in the second sentence—
by inserting “, without interest,” before “in an amount”;
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”;
by inserting “of” before “revenue that”; and
by inserting “over a period of 100 years” after “project facilities”; and
in section 2(b)(3)(A) (76 Stat. 390; 123 Stat. 1321)—
by striking “plus interest”; and
by striking “this section” and inserting “subsection (c) of the first section”.