Arkansas Valley Conduit Act of 2008

Arkansas Valley Conduit Act of 2008 [sic] - Provides for the payment of not more than 35% of the cost of the Arkansas Valley Conduit, Colorado, by the Secretary of the Interior.

Requires revenue derived from contracts for the use of Fryingpan-Arkansas project excess capacity or exchange contracts using project facilities to be credited towards payment of the actual cost of Ruedi Dam and Reservoir, the Fountain Valley Pipeline, and the South Outlet Works at Pueblo Dam and Reservoir, until the date on which the payments for the Conduit begin, and then towards payment of the actual cost of the Conduit.

Requires any rates charged for water for municipal, domestic, or industrial use or for the use of facilities for the storage or delivery of water to be adjusted to reflect the estimated revenue derived from contracts for the use of Fryingpan-Arkansas project excess capacity or exchange contracts using project facilities.

Authorizes appropriations for the construction of the Conduit. Prohibits such sums from being used for its operation or maintenance.

[Congressional Bills 111th Congress]
[From the U.S. Government Printing Office]
[H.R. 172 Introduced in House (IH)]







111th CONGRESS
  1st Session
                                H. R. 172

 To provide for the construction of the Arkansas Valley Conduit in the 
                           State of Colorado.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 6, 2009

  Mr. Salazar (for himself and Ms. Markey of Colorado) introduced the 
    following bill; which was referred to the Committee on Natural 
                               Resources

_______________________________________________________________________

                                 A BILL


 
 To provide for the construction of the Arkansas Valley Conduit in the 
                           State of Colorado.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Arkansas Valley Conduit Act of 
2008''.

SEC. 2. ARKANSAS VALLEY CONDUIT, COLORADO.

    (a) Cost Share.--The first section of Public Law 87-590 (76 Stat. 
389) is amended in the second sentence of subsection (c) by inserting 
after ``cost thereof,'' the following: ``or in the case of the Arkansas 
Valley Conduit, payment of not more than 35 percent of the cost of the 
conduit,''.
    (b) Rates.--Section 2(b) of Public Law 87-590 (76 Stat. 390) is 
amended--
            (1) by striking ``(b) Rates'' and inserting the following:
    ``(b) Rates.--
            ``(1) In general.--Rates''; and
            (2) by adding at the end the following:
            ``(2) Ruedi dam and reservoir, fountain valley pipeline, 
        and south outlet works at pueblo dam and reservoir.--
        Notwithstanding the reclamation laws, until the date on which 
        the payments for the Arkansas Valley Conduit under paragraph 
        (3) begin, any revenue derived from contracts for the use of 
        Fryingpan-Arkansas project excess capacity from, or exchange 
        contracts using Fryingpan-Arkansas project facilities of, Ruedi 
        Dam and Reservoir, the Fountain Valley Pipeline, and the South 
        Outlet Works at Pueblo Dam and Reservoir, shall be credited 
        towards payment of the actual cost of the facilities plus 
        interest in an amount determined in accordance with this 
        section
            ``(3) Arkansas valley conduit.--
                    ``(A) Use of revenue.--Notwithstanding the 
                reclamation laws, any revenue derived from contracts 
                for the use of Fryingpan-Arkansas project excess 
                capacity or exchange contracts using Fryingpan-Arkansas 
                project facilities of the Arkansas Valley Conduit shall 
                be credited towards payment of the actual cost of the 
                facilities plus interest in an amount determined in 
                accordance with this section.
                    ``(B) Adjustment of rates.--Any rates charged under 
                this section for water for municipal, domestic, or 
                industrial use or for the use of facilities for the 
                storage or delivery of water shall be adjusted to 
                reflect the estimated revenue derived from contracts 
                for the use of Fryingpan-Arkansas project excess 
                capacity or exchange contracts using Fryingpan-Arkansas 
                project facilities.''.
    (c) Authorization of Appropriations.--Section 7 of Public Law 87-
590 (76 Stat. 393) is amended--
            (1) by striking ``sec. 7. There is hereby'' and inserting 
        the following:

``SEC. 7. AUTHORIZATION OF APPROPRIATIONS.

    ``(a) In General.--There is''; and
            (2) by adding at the end the following:
    ``(b) Arkansas Valley Conduit.--
            ``(1) In general.--Subject to annual appropriations and 
        paragraph (2), there are authorized to be appropriated such 
        sums as are necessary for the construction of the Arkansas 
        Valley Conduit.
            ``(2) Limitation.--Amounts made available under paragraph 
        (1) shall not be used for the operation or maintenance of the 
        Arkansas Valley Conduit.''.
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