S. 296 – Finish the Arkansas Valley Conduit Act

AI-Generated Summary

Updated November 24, 2025 at 3:11 AM UTC

The bill updates the repayment rules for the Arkansas Valley Conduit water project in Colorado. It eliminates interest on the repayment, limits the source of repayment funds to construction‑phase contributions from non‑Secretary sources, and extends the repayment schedule to a century. These changes affect how the project’s financing is repaid to the federal government.

Key Provisions

Changes the repayment terms for the Arkansas Valley Conduit so that the repayment is made without interest.
Specifies that the repayment will come only from construction‑phase funding provided by parties other than the Secretary of the Interior.
Adds that the repayment period will extend over 100 years.
Removes language about “plus interest” and updates cross‑references to reflect the new repayment wording.

Legislative Activity

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1 earlier action

SenateIntro Referral Latest Action

Read twice and referred to the Committee on Energy and Natural Resources.

Energy and Natural Resources Committee

January 29, 2025

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SenateIntro Referral

Introduced in Senate

January 29, 2025

SenateIntro Referral

Read twice and referred to the Committee on Energy and Natural Resources.

Energy and Natural Resources Committee

January 29, 2025

Bill Text

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Introduced in SenateIssued January 29, 2025

II

119th CONGRESS

1st Session

S. 296

IN THE SENATE OF THE UNITED STATES

January 29, 2025

Mr. 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.