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Bill114th CongressFiled Jun 14, 2016Water Resources Development
H.R. 5468

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.

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house without amendment (Sep 6, 2016)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

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.

What just happenedSep 6, 2016

Placed on the Union Calendar, Calendar No. 558.

Who’s behind it

Rep. Bishop, Rob [R-UT-1](R-UT)Sponsor
Read on Congress.gov
1committees12actions2related bills3subjects
  1. Sep 6, 2016CalendarsH12410

    Placed on the Union Calendar, Calendar No. 558.

  2. Sep 6, 2016CommitteeH12200

    Reported by the Committee on Natural Resources. H. Rept. 114-719.

    Natural Resources Committee
  3. Sep 6, 2016Committee5000

    Reported by the Committee on Natural Resources. H. Rept. 114-719.

    Natural Resources Committee
  4. Jul 13, 2016Committee

    Ordered to be Reported by Unanimous Consent.

    Natural Resources Committee
  5. Jul 13, 2016Committee

    Committee Consideration and Mark-up Session Held.

    Natural Resources Committee
  6. Jul 12, 2016Committee

    Committee Consideration and Mark-up Session Held.

    Natural Resources Committee
  7. Jul 12, 2016Committee

    Subcommittee on Water, Power and Oceans Discharged.

    Natural Resources Committee
  8. Jun 23, 2016Committee

    Subcommittee Hearings Held.

    Water, Wildlife, and Fisheries Subcommittee
  9. Jun 15, 2016Committee

    Referred to the Subcommittee on Water, Power and Oceans.

    Water, Wildlife, and Fisheries Subcommittee
  10. Jun 14, 2016IntroReferralH11100

    Referred to the House Committee on Natural Resources.

    Natural Resources Committee
  11. Jun 14, 2016IntroReferralIntro-H

    Introduced in House

  12. Jun 14, 2016IntroReferral1000

    Introduced in House

Reported to House without amendmentSep 6, 201679

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

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.
Introduced in HouseJun 14, 2016

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.
To direct the Secretary of the Interior to allow for prepayment of repayment obligations u… — Informed