§ 835k. Return of construction costs from marketing revenues in event of inability of irrigation water users to repay within repayment period and lack of other sources of revenue

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1966

   Pub. L. 89–448 § 2(a) · 80 Stat. 200

   Enacted · 16 U.S.C. § 835k

   (Pub. L. 89–448, § 2(a), formerly § 2, June 14, 1966, 80 Stat. 200, renumbered and amended Pub. L. 89–561, § 6(1), (2), Sept. 7, 1966, 80 Stat. 714.)

   Source evidence

   Code source credit
   (Pub. L. 89–448, § 2(a), formerly § 2, June 14, 1966, 80 Stat. 200, renumbered and amended Pub. L. 89–561, § 6(1), (2), Sept. 7, 1966, 80 Stat. 714.)

   Enacted provision · exact public law section
   Sec. 2. The Secretary of the Interior shall prepare, maintain, and present annually to the President and the Congress a consolidated financial statement for all projects heretofore or hereafter authorized, including the third powerplant at Grand Coulee Dam, from or by means of which commercial power and energy is marketed through the facilities of the Federal Columbia River power system and for all other projects associated therewith to the extent that the costs of these projects are required by law to be charged to and returned from net revenues derived from the power and energy, or any power and energy, so marketed, and he shall, if said consolidated statement indicates that the reimbursable construction costs of the projects, or any of the projects, covered thereby which are chargeable to and returnable from the commercial power and energy so marketed are likely not to be returned within the period prescribed by law, take prompt action to adjust the rates charged for such power and energy to the extent Repeal. necessary to assure such return. Section 9, subsection (c) of the Act of August 20, 1937 (50 Stat. 736), as amended (16 U.S.C. 83211) is hereby repealed. That portion of the construction cost of any project hereafter authorized to be constructed, operated, and maintained by the Secretary of the Interior under the Federal reclamation laws (Act of June 17, 1902, 43 USC 391 et seq. 32 Stat. 388, and Acts amendatory thereof or supplementary thereto) within the Pacific Northwest which, though allocated to irrigation, is beyond the ability of the irrigation water users to repay within the repayment period prescribed by law for that project and cannot be returned within the same period from other project sources of revenue shall be charged to and returned within that period from net revenues derived from the marketing of commercial power and energy through the Federal Columbia River power system, unless otherwise provided by law. As used in this Act, the term “Pacific Northwest” has the “Pacific Northwest.” 16 USC 837. Appropriation. meaning ascribed to it in section 1 of the Act of August 31, 1964 (78 Stat. 756).

2. 1966

   Pub. L. 89–561 § 6(2) · 80 Stat. 707

   Substituted · 16 U.S.C. § 835k

   Pub. L. 89–561, § 6(2), substituted “Subject to the provisions of section 835l of this title, that” for “That”

   Source evidence

   Code amendment note
   Pub. L. 89–561, § 6(2), substituted “Subject to the provisions of section 835l of this title, that” for “That”.

   Enacted provision · exact public law section
   (2) by striking out “That” at the beginning of the third sentence and inserting in lieu thereof “Subject to the provisions of subsection (b) of this section, that”; and

2 of 2 references resolved to an enrolled provision