Title 43 › Chapter CHAPTER 12A— - BOULDER CANYON PROJECT › Subchapter SUBCHAPTER II— - BOULDER CANYON PROJECT ADJUSTMENT ACT › § 618a
All money the project brings in must go into the Colorado River Dam Fund. That money can be used without extra approval to pay for running, fixing, replacing, and emergency costs of the project. After setting aside amounts for the next items, the fund must also repay the Treasury, with interest, for the construction advances it received (but not the part set aside for flood control) and for any later readvances. Each year the fund must pay Arizona and Nevada $300,000 each for every year of operation from the year ending May 31, 1938 through the year ending May 31, 1987. Any unpaid past years are due right away without interest, and future yearly payments must be made by July 31 after the year ends. The fund must also transfer $500,000 each year for those same years into a separate Colorado River Development Fund, with transfers due by July 31 after each year. Early receipts for 1938–1940 (up to $1,500,000) are for Bureau of Reclamation studies and planning. Later receipts through 1955 are for projects in the upper-division States, with 1949–1955 split as equally as practical. Receipts for 1956–1987 go to projects shared fairly among upper- and lower-division States. Those projects must be feasible, justified, and fit the plan; transfers are treated as contractual obligations and are subject to other rules in this subchapter. The fund also makes transfers to the Lower Colorado River Basin Development Fund as provided elsewhere.
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Public Lands — Source: USLM XML via OLRC
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Reference
Citation
43 U.S.C. § 618a
Title 43 — Public Lands
Last Updated
Apr 6, 2026
Release point: 119-73