S. 296 — Introduced in Senate

II 119th CONGRESS 1st Session S. 296 IN THE SENATE OF THE UNITED STATES January 29, 2025Mr. Bennet (for himself and Mr. Hickenlooper) introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources A BILL To make certain modifications to the repayment for the Arkansas Valley Conduit in the State of Colorado. 1. Short title This Act may be cited as the Finish the Arkansas Valley Conduit Act. 2. Arkansas Valley Conduit, Colorado Public Law 87–590 (76 Stat. 389) is amended— (1) in subsection (c) of the first section (76 Stat. 390; 123 Stat. 1320), in the second sentence— (A) by inserting , without interest, before in an amount; (B) by striking that is comprised of revenue generated by payments and inserting , which payment shall only consist of funding provided during construction from any person other than the Secretary; (C) by inserting of before revenue that; and (D) by inserting over a period of 100 years after project facilities; and (2) in section 2(b)(3)(A) (76 Stat. 390; 123 Stat. 1321)— (A) by striking plus interest; and (B) by striking this section and inserting subsection (c) of the first section.