119-hr-131119th CongressWALLET

Finish the Arkansas Valley Conduit Act

Sponsored By: Representative Boebert, Lauren [R-CO-4]

Vetoed

Summary

Establishes a new 35% cost-payment rule for the Arkansas Valley Conduit and a two-part funding and repayment structure. It would require part of that 35 percent to come from funding provided during construction by nonfederal entities and allow the remaining balance to be repaid over up to 75 years at simple interest equal to 50 percent of the Treasury-determined rate if the Secretary finds financial hardship.

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  • Local or nonfederal funders: Must provide construction-phase funding that counts toward the 35% cost payment.
  • Parties repaying the balance: Could repay amounts not covered by construction funding over up to 75 years at simple interest equal to 50% of the Treasury-determined rate, and repayments may include revenue from excess-capacity or exchange contracts using Fryingpan-Arkansas project facilities.
  • Contracting parties: Must assume care, operation, maintenance, and replacement responsibility for the conduit.

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Bill Overview

Analyzed Economic Effects

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

Local costs and duties for Arkansas Valley Conduit

Had it passed, the bill would have required the Arkansas Valley Conduit contract to provide a payment equal to 35% of the conduits total cost. Part of that 35% could have been paid during construction by any non-Federal entity. Any remaining balance could have been repaid only if the Secretary found financial hardship, over up to 75 years, with simple interest equal to half the Treasury rate in section 2(c). Revenue from contracts for extra capacity or exchange contracts using Fryingpan-Arkansas project facilities could have reduced local repayment amounts. The contract would also have required contracting parties to operate, maintain, and replace the conduit, which could have raised local water charges.

Sponsors & CoSponsors

Sponsor

Boebert, Lauren [R-CO-4]

CO • R

Cosponsors

  • Rep. Hurd, Jeff [R-CO-3]

    CO • R

    Sponsored 1/14/2025

Roll Call Votes

All Roll Calls

Yes: 248 • No: 177

house vote • 1/8/2026

Passage, Objections of the President To The Contrary Notwithstanding

Yes: 248 • No: 177

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