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S296119th CongressWALLET

Finish the Arkansas Valley Conduit Act

Sponsored By: Senator Sen. Bennet, Michael F. [D-CO]

Introduced

Summary

Eliminates interest on repayments for the Arkansas Valley Conduit and stretches the payback schedule to 100 years, changing who and how much communities must pay the Bureau of Reclamation over time.

Show full summary
  • Arkansas River Valley communities: They would face lower annual charges because interest is removed and payments can be spread over a 100-year period.
  • Bureau of Reclamation and repayment rules: Repayment would be limited to funding provided during construction by entities other than the Secretary, and statutory cross-references are updated to reflect the new repayment framework.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Lower, 100‑Year Water Repayments

This bill would change repayment rules for the Arkansas Valley Conduit. If enacted, conduit payments would be repaid without interest and spread over 100 years. Repayment would be limited to money provided during construction by people other than the Secretary. This would mainly affect borrowers, water users, sponsors, or anyone who provided construction funding.

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Sponsors & CoSponsors

Sponsor

Sen. Bennet, Michael F. [D-CO]

CO • D

Cosponsors

  • John Hickenlooper

    CO • D

    Sponsored 1/29/2025

Roll Call Votes

No roll call votes available for this bill.

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