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 114 hr 5468, also known as the "Prepayment of Repayment Obligations Act," aims 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.

The Weber Basin Water Conservancy District is a water management agency located in Utah that has entered into agreements with the federal government to repay funds for water infrastructure projects. This bill would give the District the option to prepay these obligations, which could potentially save them money on interest payments and allow for more flexibility in their financial planning.

By allowing for prepayment of these repayment obligations, the bill seeks to streamline the repayment process and provide the District with greater control over their finances. This could ultimately benefit both the District and the federal government by reducing administrative burdens and ensuring timely repayment of funds. Overall, Bill 114 hr 5468 aims to promote efficient and effective water management practices by providing the Weber Basin Water Conservancy District with the option to prepay their repayment obligations under Repayment Contracts with the federal government.