43 U.S.C. § 485: Declaration of policy

Summary

Allows the United States to change or set payment plans for construction costs of reclamation projects under this subchapter. The goal is to make payments fair and adjustable so they can be paid every year in both low and high farm-income times, while protecting the U.S. government's financial interest.

Title 43, §485

Public Lands, Source: USLM XML via OLRC

For the purpose of providing for United States reclamation projects a feasible and comprehensive plan for an economical and equitable treatment of repayment problems and for variable payments of construction charges which can be met regularly and fully from year to year during periods of decline in agricultural income and unsatisfactory conditions of agriculture as well as during periods of prosperity and good prices for agricultural products, and which will protect adequately the financial interest of the United States in said projects, obligations to pay construction charges may be revised or undertaken pursuant to the provisions of this subchapter.

Notes & Related Subsidiaries

Editorial Notes

References in Text

This subchapter, referred to in text, was in the original “this Act”, meaning act Aug. 4, 1939, ch. 418, 53 Stat. 1187, known as the Reclamation Project Act of 1939, which enacted this subchapter, section 375a, 380a, and 387 to 389 of this title and section 16d of former Title 41, Public Contracts, and enacted provision set out as a note under section 485j of this title. For complete classification of this Act to the Code, see section 485k of this title and Tables.

§485 Declaration of Policy

Summary

Title 43, §485

Notes & Related Subsidiaries

Editorial Notes

References in Text

Citations & Metadata