H.R. 131 · SPONSOR LAUREN BOEBERT R-CO-4
Finish the Arkansas Valley Conduit Act
- Sets new repayment terms: The conduit contract would require payments equal to 35% of the conduit’s cost. If the Secretary finds financial hardship, the unpaid balance could be repaid over no more than 75 years with simple interest at half the Treasury-set rate; construction funding from an entity other than the Secretary would count toward the payments
- Assigns conduit upkeep: The contract would require the contracting parties to take responsibility for the conduit’s care, operation, maintenance and replacement
- Introduced
- In committee
- Reported
- Passed House
- Passed Senate
- Law
What’s next: Passed both chambers. Next step: the President's signature.
RESULTS NOT POSTED YET
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