This bill modifies the repayment terms for the Arkansas Valley Conduit project in Colorado, a water infrastructure system managed by the federal government. The legislation changes how local entities repay the federal government for the project by eliminating interest charges on repayment obligations and extending the repayment period to 100 years instead of the current terms. The bill also specifies that repayment obligations consist only of funds collected during construction from non-federal sources. These changes would significantly reduce the financial burden on Colorado water users and local governments responsible for repaying the project's costs. The bill was introduced in September 2024 and referred to the House Committee on Natural Resources.
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