US HB5468 | 2015-2016 | 114th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on June 14 2016 - 25% progression, died in chamber
Action: 2016-09-06 - Placed on the Union Calendar, Calendar No. 558.
Text: Latest bill text (Introduced) [PDF]

Summary

To direct the Secretary of the Interior to allow for prepayment of repayment obligations under Repayment Contracts between the United States and the Weber Basin Water Conservancy District. This bill directs the Department of the Interior to permit the prepayment of repayment obligations under Repayment Contract No. 14-06-400-33 between the United States and the Weber Basin Water Conservancy District, including all related applicable contracts, providing for repayment of Weber Basin Project construction costs allocated to irrigation and municipal and industrial purposes under terms and conditions similar to those used in implementing the provisions in the Central Utah Project Completion Act for prepayment of Central Utah Project, Bonneville Unit repayment obligations. The prepayment: shall result in the United States recovering the net present value of all repayment streams that would have been payable to the United States if this bill was not in effect; may be provided in several installments; may not be adjusted on the basis of the type of prepayment financing used by the District; and shall result in total repayment by September 30, 2026.

Tracking Information

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Title

To direct the Secretary of the Interior to allow for prepayment of repayment obligations under Repayment Contracts between the United States and the Weber Basin Water Conservancy District.

Sponsors

Rep. Rob Bishop [R-UT]

Roll Calls

Senate - On Passage of the Bill S. 2848 (Y: 95 N: 3 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2016-09-06HousePlaced on the Union Calendar, Calendar No. 558.
2016-09-06HouseReported by the Committee on Natural Resources. H. Rept. 114-719.
2016-07-13HouseOrdered to be Reported by Unanimous Consent.
2016-07-13HouseCommittee Consideration and Mark-up Session Held.
2016-07-12HouseCommittee Consideration and Mark-up Session Held.
2016-07-12HouseSubcommittee on Water, Power and Oceans Discharged.
2016-06-23HouseSubcommittee Hearings Held.
2016-06-15HouseReferred to the Subcommittee on Water, Power and Oceans.
2016-06-14HouseReferred to the House Committee on Natural Resources.
2016-06-14HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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