An amendment to require that costs incurred in the modification or replacement of structures under the act be paid by the beneficiaries. Irrigation water users would have up to 50 years to repay for the costs, unless they are beyond the users ability to pay, then existing law will be in effect. The Secretary is to determine the interest rate on the cost charged the beneficiaries and is to be reset by the Secretary at five year intervals. The Secretary would determine the proportionate costs to the various beneficiaries.

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Amendment Number
497
Description
An amendment to require that costs incurred in the modification or replacement of structures under the act be paid by the beneficiaries. Irrigation water users would have up to 50 years to repay for the costs, unless they are beyond the users ability to pay, then existing law will be in effect. The Secretary is to determine the interest rate on the cost charged the beneficiaries and is to be reset by the Secretary at five year intervals. The Secretary would determine the proportionate costs to the various beneficiaries.
Purpose
An amendment to require that costs incurred in the modification or replacement of structures under the act be paid by the beneficiaries. Irrigation water users would have up to 50 years to repay for the costs, unless they are beyond the users ability to pay, then existing law will be in effect. The Secretary is to determine the interest rate on the cost charged the beneficiaries and is to be reset by the Secretary at five year intervals. The Secretary would determine the proportionate costs to the various beneficiaries.
Congress
97
Type
HAMDT
Latest Action Date
Apr 29, 1982
Latest Action Text
Amendment Passed in Committee of the Whole by Recorded Vote: 212 - 140 (Record Vote No: 55).
Submitted Date
Apr 29, 1982
Chamber
House of Representatives
Update Date
Aug 14, 2021
Amendment 497 — Informed