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H. Rept. 119-187 1 (2025-07-10)

handle is hein.congrecreports/crptxahmp0001 and id is 1 raw text is: AUT-ENTICATED US. GOVERNMENT INFORMATION GP 119TH CONGRESS REPORT 1st Session HOUSE OF REPRESENTATIVES 119-187 FINISH THE ARKANSAS VALLEY CONDUIT ACT JULY 10, 2025.-Committed to the Committee of the Whole House on the State of the Union and ordered to be printed Mr. WESTERMAN, from the Committee on Natural Resources, submitted the following REPORT [To accompany H.R. 131] The Committee on Natural Resources, to whom was referred the bill (H.R. 131) to make certain modifications to the repayment for the Arkansas Valley Conduit in the State of Colorado, having con- sidered the same, reports favorably thereon with an amendment and recommends that the bill as amended do pass. The amendment is as follows: Strike all after the enacting clause and insert the following: SECTION 1. SHORT TITLE. This Act may be cited as the Finish the Arkansas Valley Conduit Act. SEC. 2. ARKANSAS VALLEY CONDUIT, COLORADO. Public Law 87-590 (76 Stat. 389; 123 Stat. 1320) is amended- (1) in the first section- (A) in subsection (c), in the second sentence, by striking or in the case of the Arkansas Valley Conduit, payment in an amount equal to 35 percent of the cost of the conduit that is comprised of revenue generated by pay- ments pursuant to a repayment contract and revenue that may be derived from contracts for the use of Fryingpan-Arkansas project excess capacity or exchange contracts using Fryingpan-Arkansas project facilities,; and (B) by adding at the end the following: (d) ARKANSAS VALLEY CONDUIT.- (1) REPAYMENT CONTRACT.-To provide domestic water supplies to commu- nities and households that do not have reliable access to domestic water sup- plies, the contract for the Arkansas Valley Conduit shall provide for payment in an amount equal to 35 percent of the cost of the conduit, notwithstanding the reclamation laws or any other provision of this Act. The contract payments shall consist of- (A) funding provided during construction from any entity other than the Secretary; and (B) based on a demonstration of financial hardship, as determined by the Secretary, repayment of the balance not covered under subparagraph (A) for a period of not more than 75 years with simple interest at a rate that is equal to 50 percent of the interest rate determined by the Secretary of the Treasury under section 2(c), including revenue derived from contracts 59-006