After a conveyance of an eligible facility under this chapter—

((1)) the conveyed property shall no longer be considered to be part of a Reclamation project;

((2)) except as provided in paragraph (3), the qualifying entity to which the conveyed property is conveyed shall not be eligible to receive any benefits, including project use power, with respect to the conveyed property, except for any benefit that would be available to a similarly situated entity with respect to property that is not a part of a Reclamation project; and

((3)) the qualifying entity to which the conveyed property is conveyed may be eligible to receive project use power if—

((A)) the qualifying entity is receiving project use power as of ;

((B)) the project use power will be used for the delivery of Reclamation project water; and

((C)) the Secretary and the qualifying entity enter into an agreement under which the qualifying entity agrees to continue to be responsible for a proportionate share of operation and maintenance and capital costs for the Federal facilities that generate and deliver, if applicable, power used for delivery of Reclamation project water after the date of conveyance, in accordance with Reclamation project use power rates.