Finish the Arkansas Valley Conduit Act

Hozzl · 2025-01-31T16:15:18Z

Explore the details of House Bill 131 Finish the Arkansas Valley Conduit Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

1/31/2025, 4:15 PM

Summary of Bill HR 131

Bill 119 HR 131, also known as the Arkansas Valley Conduit Modification Act, aims to make changes to the repayment structure for the Arkansas Valley Conduit project in Colorado. The conduit project is a water infrastructure initiative designed to provide clean drinking water to communities in the Arkansas Valley region.

The bill proposes modifications to the repayment terms for the project, which would likely impact the financial obligations of the state of Colorado and other stakeholders involved in the project. The specific details of these modifications are not explicitly outlined in the bill itself, but it is clear that the intent is to adjust the repayment structure in a way that is beneficial to the project and its stakeholders.

Overall, the Arkansas Valley Conduit Modification Act seeks to improve the financial sustainability of the conduit project and ensure that it can continue to provide essential water services to the communities it serves. The bill is currently under consideration in the US Congress and may undergo further revisions before being passed into law.

Congressional Summary of HR 131

Finish the Arkansas Valley Conduit Act

This bill reduces payments that communities within the Arkansas River Valley must pay to the Bureau of Reclamation for the construction of the Arkansas Valley Conduit, a pipeline in Colorado for delivering water from the Pueblo Reservoir to such communities. Specifically, it removes interest payments and extends the repayment period to 100 years.

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Current Status of Bill HR 131

Bill HR 131 is currently in the status of Bill Introduced since January 3, 2025. Bill HR 131 was introduced during Congress 119 and was introduced to the House on January 3, 2025. Bill HR 131's most recent activity was Referred to the House Committee on Natural Resources. as of January 3, 2025

Bipartisan Support of Bill HR 131

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 131

Primary Policy Focus

Taxation

Alternate Title(s) of Bill HR 131

To make certain modifications to the repayment for the Arkansas Valley Conduit in the State of Colorado.To make certain modifications to the repayment for the Arkansas Valley Conduit in the State of Colorado.

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Comments

Sponsors and Cosponsors of HR 131

Jeff Hurd

Colorado(Independent)

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