Bill · S. 296· Senate(119-S-296)
Finish the Arkansas Valley Conduit Act
- Introduced
- 1/29/2025
- Last activity
- 1/29/2025 — Read twice and referred to the Committee on Energy and Natural Resources.
- Sponsored by
- Michael Bennet
- Cosponsors
- - 1 - 0
- Introduced
- In Committee
What this bill would do
This bill, titled the "Finish the Arkansas Valley Conduit Act," seeks to make specific modifications to the repayment terms for the Arkansas Valley Conduit in Colorado. It amends Public Law 87-590 to change how the project is funded and repaid. Specifically, it directs that the repayment occur without interest over a period of 100 years. The bill also clarifies that the payments shall consist of funding provided during construction from persons other than the Secretary.
Yes· 3 of 4
Would people in rural areas be better off under this?+4
The bill modifies repayment terms for the Arkansas Valley Conduit to ensure the project's long-term financial viability for the Colorado region.
Does this invest in rural communities?+3
The bill facilitates the long-term repayment of the Arkansas Valley Conduit project which provides essential water infrastructure for the region.
Does this reduce what the federal government spends?+2
The bill mandates that the repayment for the project facilities occurs without interest.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Interest-Free Repayment: The bill inserts the phrase "without interest" into the repayment terms, which means the amount owed will not grow due to interest charges (Section 2, subsection (c) of the first section).
-
Extended Repayment Timeline: By inserting the phrase "over a period of 100 years," the bill provides a much longer timeframe for the project facilities to be paid back (Section 2, subsection (c) of the first section).
Potential Negative Impacts for People
- Restricted Funding Sources: The bill changes the language regarding what the payments consist of, stating they "shall only consist of funding provided during construction from any person other than the Secretary" (Section 2, subsection (c) of the first section).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Rural Residents+4Good For Low Income Households+1
- Environment Energy And Infrastructure
- Improves Rural Development+3
- Economy And Finance
- Reduces Government Spending+2
- 1/29/2025
- Read twice and referred to the Committee on Energy and Natural Resources.
- 1 Cosponsor added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
John HickenlooperDemocrat · Colorado