,,ii  #aad? ,,congress  #b;d ,session   
,s4 #bfaf  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,m>* #b1 #bjaf,mr4     
,g>dn] introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,en]gy & ,natural ,res\rces  ,a ,,bill  
,to modify c]ta9 co/-%>+ & rev5ue       
provisions relat+ to ! ,arkansas ,valley
 ,conduit1 ,colorado4  #a4 ,arkansas    
,valley ,conduit1 ,colorado  7a7 ,co/   
%>e ,! fir/ section ( ,public ,law      
#hg-eij 7#gf ,/at4 #chi1 #abc ,/at4     
#acbj7 is am5d$ 9 ! second s5t5ce (     
subsection 7c71 by /rik+ ! ,arkansas    
,valley ,conduit1 paym5t 9 an am\nt     
equal to #ce p]c5t ( ! co/ ( ! conduit t
 is compris$ ( rev5ue g5]at$ by paym5ts 
pursuant to a repaym5t contract & rev5ue
 & ins]t+ ! ,arkansas ,valley ,conduit1 
= paym5t 9 an am\nt equal to #ce p]c5t (
 ! funds appropriat$ = ! conduit t is   
compris$ ( rev5ue g5]at$ by paym5ts     
pursuant to a repaym5t contract & (     
rev5ue4  7b7 ,rates ,section #b7;b7 (   
,public ,law #hg-eij 7#gf ,/at4 #cij1   

#abc ,/at4 #acba7 is am5d$-- 7#a7 9     
p>agraph 7#b77;,a7--  7,a7 by /rik+     
until ! date on :i* ! paym5ts = !       
,arkansas ,valley ,conduit "u p>agraph  
7#c7 beg912 &  7,b7 by /rik+ plus int]e/
 9 an am\nt det]m9$ 9 accordance ) ?is  
section & ins]t+ until ^? co/s1 plus    
int]e/1 h be5 fully repaid2 &  7#b7 9   
p>agraph 7#c71 by /rik+ subp>agraph 7,a7
 & ins]t+ ! foll[+3  7,a7 ,use ( rev5ue 
7i7 ,9 g5]al ,not)/&+ ! reclamation     
laws1 all rev5ue d]iv$ f all contracts =
 ! use ( ,fry+pan-,arkansas project     
excess capacity or ex*ange contracts us+
 ,fry+pan-,arkansas project facilities  
%all be available to1 & us$ by1 !       
,secret>y1 )\t appropriation--  7,i7    
subject to p>agraph 7#b71 = ! paym5t (  
co/s associat$ ) ! con/ruction ( !      
,arkansas ,valley ,conduit2  7,,ii7 = ! 
paym5t to ! ,s\!a/]n ,colorado ,wat]    
,cons]vancy ,di/rict1 includ+ any       
ent]prise e/abli%$ by ! ,di/rict 9      
accordance ) ,colorado ,/ate law        
7collectively ref]r$ to 9 ?is           

subp>agraph z ! ,di/rict7 ( am\nts ne$$ 
= ! ,di/rict to repay ! pr9cipal &      
int]e/ on loans obta9$ by ! ,di/rict f  
ag5cies ( ! ,/ate ( ,colorado =         
con/ruction ( ! ,arkansas ,valley       
,conduit2 &  7,,iii7 to be cr$it$ t[>ds 
repaym5t ( ! funds appropriat$ = !      
,arkansas ,valley ,conduit1 plus int]e/4
  7ii7 ,agreem5ts ,! ,secret>y %all ent]
 into #a or m agreem5ts ) ! ,di/rict t  
specify ! di/ribution1 9 am\nt & tim+1 (
 ! rev5ue describ$ 9 clause 7i71 z      
betwe5 ! uses describ$ 9 subclauses     
7,i71 7,,ii71 & 7,,iii7 ( t clause4  4