H.R.131 - Finish the Arkansas Valley Conduit Act (119th Congress)
Summary
H.R.131, the "Finish the Arkansas Valley Conduit Act," proposes modifications to the repayment terms for the Arkansas Valley Conduit in Colorado. Specifically, it aims to remove interest charges and adjust the repayment structure. The bill seeks to facilitate the completion of the conduit by easing the financial burden on those responsible for repayment.
Expected Effects
The bill, if enacted, would alter the financial obligations related to the Arkansas Valley Conduit. This would likely reduce the cost of the project for local entities. It could also accelerate the completion of the conduit by making it more financially feasible.
Potential Benefits
- Reduced financial burden on local entities responsible for repayment.
- Potential acceleration of the Arkansas Valley Conduit completion.
- Increased access to water resources for communities in the Arkansas Valley.
- Stimulated economic activity related to construction and water management.
- Improved water security for agricultural and municipal use.
Potential Disadvantages
- Potential shift of financial burden to federal taxpayers due to the removal of interest.
- Possible delays in other water infrastructure projects due to reallocation of funds.
- Risk of cost overruns during the extended 100-year repayment period.
- Limited direct benefits to areas outside of the Arkansas Valley region.
- Dependence on continued federal funding and oversight for the project's success.
Constitutional Alignment
The bill appears to align with the General Welfare Clause (Article I, Section 8) of the Constitution, as it aims to provide water resources to communities in Colorado. Congress has the power to regulate infrastructure projects that benefit multiple states. The bill does not appear to infringe upon any specific constitutional rights or limitations.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).