[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 2974 Introduced in Senate (IS)]
110th CONGRESS
2d Session
S. 2974
To provide for the construction of the Arkansas Valley Conduit in the
State of Colorado.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
May 2, 2008
Mr. Allard (for himself and Mr. Salazar) introduced the following bill;
which was read twice and referred to the Committee on Energy and
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 that may be derived from contracts for
the use of Fryingpan-
Arkansas project excess capacity or exchange contracts using
Fryingpan-Arkansas project facilities shall 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 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 shall be credited towards payment of
the actual cost of the Arkansas Valley Conduit 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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