Finish the Arkansas Valley Conduit Act
Water Resources Development
4 pages
house
senate
president
Introduced on January 3, 2025 by Lauren Boebert
Sponsors (2)
House Votes
Vote Data Not Available
Senate Votes
Vote Data Not Available
AI Summary
This bill lowers how much local communities must repay to build the Arkansas Valley Conduit, a water pipeline in Colorado that brings safe drinking water to places that don’t have a reliable supply. It sets the local share at 35% of the project’s cost. If a community shows financial hardship, it can repay the remaining share over up to 75 years, using simple interest set at half of the U.S. Treasury rate. This makes the project more affordable for small towns and households that need clean water.
Local partners must also take over the day‑to‑day care, operation, maintenance, and eventual replacement of the conduit once it’s in use.
- Who is affected: Communities and households served by the Arkansas Valley Conduit in Colorado.
- What changes: Local share capped at 35%; remaining payments can stretch up to 75 years at a reduced simple interest rate; locals handle ongoing operation and maintenance.
- Why it matters: Lowers costs so more communities can get reliable, clean drinking water.
Text Versions
Amendments
No Amendments