An amendment to require local entities, when repaying the costs of Corps of Engineers hydroelectric projects, to make annual payments at a level not less than would be required if a straight line amortization schedule were in effect. The schedule may be phased in over several years and payments may be deferred in years with low hydro electric generation.

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Amendment Number
611
Description
An amendment to require local entities, when repaying the costs of Corps of Engineers hydroelectric projects, to make annual payments at a level not less than would be required if a straight line amortization schedule were in effect. The schedule may be phased in over several years and payments may be deferred in years with low hydro electric generation.
Congress
99
Type
HAMDT
Latest Action Date
Nov 6, 1985
Latest Action Text
Amendment Withdrawn in Committee of the Whole.
Submitted Date
Nov 6, 1985
Chamber
House of Representatives
Update Date
Jun 30, 2021
Amendment 611 — Informed