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Water Project Repayment Relief: Arkansas Valley Conduit Interest Waived.

This bill modifies the financial terms for the Arkansas Valley Conduit water project in Colorado. The key changes eliminate interest payments on the construction costs and extend the repayment period to 100 years. These modifications aim to significantly reduce the total financial burden on local communities and residents relying on this essential water infrastructure.
Key points
Elimination of interest charges on the repayment of construction costs for the Arkansas Valley Conduit project.
Extension of the repayment period for the water infrastructure project obligations to 100 years.
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Additional Information
Print number: 118_HR_9514
Sponsor: Rep. Boebert, Lauren [R-CO-3]
Process start date: 2024-09-10