,i #aac? ,,congress #b;d ,session ,h4 ,r4 #ciha ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #ca1 #bjad,mr4 ,ha/+s ( ,wa%+ton introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,natural ,res\rces ,a ,,bill ,to direct ! ,secret>y ( ! ,int]ior to all[ = prepaym5t ( repaym5t contracts betwe5 ! ,unit$ ,/ates & wat] us]s1 to provide surface wat] /orage enhancem5t1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,accel]at$ ,rev5ue1 ,repaym5t1 & ,surface ,wat] ,/orage ,enhancem5t ,act4 #b4 ,prepaym5t ( c]ta9 repaym5t contracts betwe5 ! ,unit$ ,/ates & contractors ( f$]ally develop$ wat] supplies 7a7 ,conv]sion & prepaym5t ( contracts 7#a7 ,conv]sion ,^u reque/ ( ! contractor1 ! ,secret>y ( ! ,int]ior %all conv]t any wat] s]vice contract 9 effect on ! date ( enactm5t ( ?is ,act & betwe5 ! ,unit$ ,/ates & a wat] us]s' association to all[ = prepaym5t ( ! repaym5t contract pursuant to p>agraph 7#b7 "u mutually agreeable t]ms & conditions4 ,! mann] ( conv]sion "u ?is p>agraph %all be z foll[s3 7,a7 ,wat] s]vice contracts t 7 ent]$ into "u section #i7;e7 ( ! ,act ( ,augu/ #d1 #aici 7#ec ,/at4 #aaif71 to be conv]t$ "u ?is section %all be conv]t$ to repaym5t contracts "u section #i7;d7 ( t ,act 7#ec ,/at4 #aaie74 7,b7 ,wat] s]vice contracts t 7 ent]$ "u subsection 7c77#b7 ( section #i ( ! ,act ( ,augu/ #d1 #aici 7#ec ,/at4 #aaid71 to be conv]t$ "u ?is section %all be conv]t$ to a contract "u subsection 7c77#a7 ( section #i ( t ,act 7#ec ,/at4 #aaie74 7#b7 ,prepaym5t ,all contracts conv]t$ pursuant to p>agraph 7#a77;,a7 %all-- 7,a7 ^u reque/ ( ! contractor1 provide = ! repaym5t1 ei!r 9 lump sum or by accel]at$ prepaym5t1 ( ! rema9+ net pres5t value ( ! con/ruction co/s id5tifi$ 9 wat] project specific irrigation rate repaym5t s*$ules1 z adju/$ to reflect paym5t n reflect$ 9 su* s*$ule1 & prop]ly assignable = ultimate return by ! contractor1 or if made 9 approximately equal in/allm5ts1 no lat] ?an #c ye>s aft] ! effective date ( ! repaym5t contract2 su* am\nt to be disc\nt$ by #a_/b ! ,treasury rate4 ,an e/imate ( ! rema9+ net pres5t value ( con/ruction co/s1 z adju/$1 %all be provid$ by ! ,secret>y to ! contractor no lat] ?an #cj days foll[+ receipt ( reque/ ( ! contractor2 7,b7 require t con/ruction co/s or o!r capitaliz$ co/s incurr$ aft] ! effective date ( ! contract or n reflect$ 9 ! rate s*$ule ref]5c$ 9 subp>agraph 7,a71 & prop]ly assignable to su* contractor %all be repaid 9 n m ?an #e ye>s aft] notification ( ! allocation if su* am\nt is a result ( a collective annual allocation ( capital co/s to ! contractors ex]cis+ contract conv]sation "u ?is subsection ( less ?an #e1jjj1jjj4 ,if su* am\nt is #e1jjj1jjj or great]1 su* co/ %all be repaid z provid$ by applicable reclamation law2 7,c7 provide t p[] rev5ues w n be available to aid 9 repaym5t ( con/ruction co/s allocat$ to irrigation "u ! contract2 & 7,d7 cont9ue s long z ! contractor pays applicable *>ges1 consi/5t ) section #i7;c77#a7 ( ! ,act ( ,augu/ #d1 #aici 7#ec ,/at4 #aaie71 & applicable law4 7#c7 ,contract requirem5ts ,! foll[+ %all apply ) reg>d to all contracts conv]t$ pursuant to p>agraph 7#a77;,b73 7,a7 ,^u reque/ ( ! contractor1 provide = ! repaym5t 9 lump sum ( ! rema9+ net pres5t value ( con/ruction co/s id5tifi$ 9 wat] project specific municipal & indu/rial rate repaym5t s*$ules1 z adju/$ to reflect paym5ts n reflect$ 9 su* s*$ule1 & prop]ly assignable = ultimate return by ! contractor4 ,an e/imate ( ! rema9+ net pres5t value ( con/ruction co/s1 z adju/$1 %all be provid$ by ! ,secret>y to ! contractor no lat] ?an #cj days aft] receipt ( reque/ ( contractor4 7,b7 ,! contract %all require t con/ruction co/s or o!r capitaliz$ co/s incurr$ aft] ! effective date ( ! contract or n reflect$ 9 ! rate s*$ule ref]5c$ 9 subp>agraph 7,a71 & prop]ly assignable to su* contractor1 %all be repaid 9 n m ?an #e ye>s aft] notification ( ! allocation if su* am\nt is a result ( a collective annual allocation ( capital co/s to ! contractors ex]cis+ contract conv]sation "u ?is subsection ( less ?an #e1jjj1jjj4 ,if su* am\nt is #e1jjj1jjj or great]1 su* co/ %all be repaid z provid$ by applicable reclamation law2 & 7,c7 ,cont9ue s long z ! contractor pays applicable *>ges1 consi/5t ) section #i7;c77#a7 ( ! ,act ( ,augu/ #d1 #aici 7#ec ,/at4 #aaie71 & applicable law4 7#d7 ,conditions ,all contracts ent]$ into pursuant to p>agraphs 7#a71 7#b71 & 7#c7 %all-- 7,a7 n be adju/$ on ! basis ( ! type ( prepaym5t f9anc+ us$ by ! wat] us]s' association2 7,b7 con=m to any o!r agreem5ts1 su* z applicable settlem5t agreem5ts & new con/ruct$ appurt5ant facilities2 & 7,c7 n modify o!r wat] s]vice1 repaym5t1 ex*ange & transf] contractual rights betwe5 ! wat] us]s' association1 & ! ,bureau ( ,reclamation1 or any rights1 obligations1 or relation%ips ( ! wat] us]s' association & _! l&[n]s z provid$ "u ,/ate law4 7b7 ,acc\nt+ ,! am\nts paid pursuant to subsection 7a7 %all be subject to adju/m5t foll[+ a f9al co/ allocation by ! ,secret>y ( ! ,int]ior4 ,9 ! ev5t t ! f9al co/ allocation indicates t ! co/s prop]ly assignable to ! contractor are great] ?an :at has be5 paid by ! contractor1 ! contractor %all be obligat$ to pay ! rema9+ allocat$ co/s4 ,! t]m ( su* additional repaym5t contract %all be n less ?an "o ye> & n m ?an #aj ye>s1 h[ev]1 mutually agreeable provisions reg>d+ ! rate ( repaym5t ( su* am\nt may be develop$ by ! p>ties4 ,9 ! ev5t t ! f9al co/ allocation indicates t ! co/s prop]ly assignable to ! contractor are less ?an :at ! contractor has paid1 ! ,secret>y %all cr$it su* ov]paym5t z an (fset aga9/ any out/&+ or future obligation ( ! contractor4 7c7 ,applicability ( c]ta9 provisions 7#a7 ,effect ( exi/+ law ,^u a contractor's compliance ) & dis*>ge ( ! obligation ( repaym5t ( ! con/ruction co/s pursuant to a contract ent]$ into pursuant to subsection 7a77#b77;,a71 sections #bac 7a7 & 7b7 ( ! ,reclamation ,re=m ,act ( #aihb 7#if ,/at4 #abfi7 %all apply to affect$ l&s4 7#b7 ,effect ( o!r obligations ,! obligation ( a contractor to repay con/ruction co/s or o!r capitaliz$ co/s describ$ 9 subsections 7a77#b77;,b71 7a77#c77;,b7 or 7b7 %all n affect a contractor's /atus z hav+ repaid all ( ! con/ruction co/s assignable to ! contractor or ! applicability ( sections #bac 7a7 & 7b7 ( ! ,reclamation ,re=m ,act ( #aihb 7#if ,/at4 #abfi7 once ! am\nt requir$ to be paid by ! contractor "u ! repaym5t contract ent]$ into pursuant to subsection 7a77#b77;,a7 h be5 paid4 7d7 ,effect on exi/+ law n alt]$ ,implem5tation ( ! provisions ( ?is ,act %all n alt] ! repaym5t obligation ( any wat] s]vice or repaym5t contractor receiv+ wat] f ! same wat] project1 or %ift any co/s t w\ld o!rwise h be5 prop]ly assignable to ! wat] us]s' association id5tifi$ 9 subsections 7a77#a71 7a77#b71 & 7a77#c7 abs5t ?is section1 includ+ op]ation & ma9t5ance co/s1 con/ruction co/s1 or o!r capitaliz$ co/s incurr$ aft] ! date ( ! enactm5t ( ?is ,act1 or to o!r contractors4 7e7 ,surface wat] /orage enhancem5t program 7#a7 ,9 g5]al ,?ree ye>s foll[+ ! date ( enactm5t ( ?is ,act1 all receipts g5]at$ f prepaym5t ( contracts "u ?is section beyond am\nts necess>y to cov] ! am\nt ( receipts =gone f s*$ul$ paym5ts "u curr5t law = ! #aj-ye> p]iod foll[+ ! date ( enactm5t ( ?is ,act %all be direct$ to ! ,reclamation ,surface ,wat] ,/orage ,acc\nt "u p>agraph 7#b74 7#b7 ,surface /orage acc\nt ,! ,secret>y %all allocate am\nts collect$ "u p>agraph 7#a7 into ! ,reclamation ,surface ,/orage ,acc\nt to fund or provide loans = ! con/ruction ( surface wat] /orage4 ,! ,secret>y may also ent] into coop]ative agreem5ts ) wat] us]s' associations = ! con/ruction ( surface wat] /orage & am\nts )9 ! ,surface ,/orage ,acc\nt may be us$ to fund su* con/ruction4 ,surface wat] /orage projects t are o!rwise n f$]ally au?oriz$ %all n be consid]$ ,f$]al facilities z a result ( any am\nts allocat$ f ! ,surface ,/orage ,acc\nt = "p or all ( su* facilities4 7#c7 ,repaym5t ,am\nts us$ = surface wat] /orage con/ruction f ! ,acc\nt %all be fully reimburs$ to ! ,acc\nt consi/5t ) ! requirem5ts "u ,f$]al reclamation law 7! law 7! ,act ( ,june #ag1 #aijb 7#cb ,/at4 #chh1 *apt] #ajic7771 & ,acts supplem5tal to & am5datory ( t ,act 7#dc ,u4,s4,c4 #cga et seq47 except t all funds reimburs$ %all be deposit$ 9 ! ,acc\nt e/abli%$ "u p>agraph 7#a74 7#d7 ,availability ( am\nts ,am\nts deposit$ 9 ! ,acc\nt "u ?is subsection %all-- 7,a7 be made available 9 accordance ) ?is section1 )\t fur!r appropriation2 & 7,b7 be 9 addition to am\nts appropriat$ = su* purposes "u any o!r provision ( law4 7#e7 ,purposes ( surface wat] /orage ,con/ruction ( surface wat] /orage "u ?is section %all be made = ! foll[+ purposes3 7,a7 ,increas$ municipal & indu/rial wat] supply4 7,b7 ,agricultural floodwat]1 erosion1 & s$im5tation r$uction4 7,c7 ,agricultural dra9age improvem5ts4 7,d7 ,agricultural irrigation4 7,e7 ,increas$ recreation opportunities4 7,f7 ,r$uc$ adv]se impacts to fi% & wildlife f wat] /orage or div]sion projects )9 wat]%$s associat$ ) wat] /orage projects fund$ "u ?is section4 7,g7 ,any o!r purposes consi/5t ) reclamation laws or o!r ,f$]al law4 7f7 ,def9itions ,= ! purposes ( ?is ,act1 ! foll[+ def9itions apply3 7#a7 ,acc\nt ,! t]m ,acc\nt means ! ,reclamation ,surface ,wat] ,/orage ,acc\nt e/abli%$ "u subsection 7e77#b74 7#b7 ,con/ruction ,! t]m con/ruction means ! design+1 mat]ials eng9e]+ & te/+1 survey+1 & build+ ( surface wat] /orage includ+ additions to exi/+ surface wat] /orage & con/ruction ( new surface wat] /orage facilities1 exclusive ( any ,f$]al /atutory or regulatory obligations relat+ to any p]mit1 review1 approval1 or o!r su* requirem5t4 7#c7 ,surface wat] /orage ,! t]m surface wat] /orage means any f$]ally own$ facility "u ! jurisdiction ( ! ,bureau ( ,reclamation or any non-,f$]al facility us$ = ! surface /orage & supply ( wat] res\rces4 7#d7 ,treasury rate ,! t]m ,treasury rate means ! #bj-ye> ,con/ant ,maturity ,treasury 7,,cmt7 rate publi%$ by ! ,unit$ ,/ates ,dep>tm5t ( ! ,treasury exi/+ on ! effective date ( ! contract4 7#e7 ,wat] us]s' association ,! t]m wat] us]s' association means-- 7,a7 an entity organiz$ & recogniz$ "u ,/ate laws t is eligible to ent] into contracts ) reclamation to receive contract wat] = deliv]y to & us]s ( ! wat] & to pay applicable *>ges2 & 7,b7 includes a v>iety ( entities ) diff]5t names & diff]+ functions1 su* z associations1 cons]vatory di/rict1 irrigation di/rict1 municipality1 & wat] project contract unit4