HR.3981 - Accelerated Revenue, Repayment, And Surface Water Storage Enhancement Act

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On February 5, the Committee on Natural Resources, Subcommittee on Water and Power, held a legislative hearing on H.R. 3981 -  the Accelerated Revenue, Repayment, and Surface Water Storage Enhancement Act (Sponsored by Rep. Hastings, R-WA); and H.R. 3980 -  the  Water Supply Permitting Coordination Act (Sponsored by Rep. McClintock).

The witnesses and links to their written testimonies are below, as submitted for the record:

Stuart Somach (H.R. 3981), Attorney, Somach, Simmons and Dunn, Sacramento, California. Here’s Somach’s Testimony: Click Here for Somach’s Written Testimony

Patrick O’Toole (H.R. 3980), President, Family Farm Alliance, Savery, Wyoming. Click Here for O’Toole’s Written Testimony

Steve Ellis (All Bills), Vice President Taxpayers for Common Sense, Washington, D.C. Click Here for Ellis’ Written Testimony

Chris Hurd (Discussion Draft) Circle G Farm, Firebaugh, California. Click Here for Hurd’s Written Testimony

Erin Carson, Lead Analyst
Tuesday March 11th 2014
1/31/2014--Introduced. Accelerated Revenue, Repayment, and Surface Water Storage Enhancement Act - Directs the Secretary of the Interior to convert certain existing water service contracts between the United States and water users' associations to repayment contracts to allow for prepayment of such contracts, upon the request of the contractor. Specifies the manner of conversion and the terms and conditions of prepayment. Requires the receipts generated from prepayment of contracts under this Act, beyond amounts necessary to cover the amount of receipts forgone from scheduled payments under current law for the 10-year period following the enactment of this Act, to be directed to the Reclamation Surface Water Storage Account. Requires the Secretary to allocate amounts in such Account to fund or provide loans for the construction of surface water storage for: increased municipal and industrial water supply; agricultural floodwater, erosion, and sedimentation reduction; agricultural drainage improvements; agricultural irrigation; increased recreation opportunities; reduced adverse impacts to fish and wildlife from water storage or diversion projects within watersheds associated with water storage projects funded under this Act; and other purposes consistent with reclamation laws or other federal law.

Ordered To Be Reported (amended) By The Yeas And Nays: 25 - 16.
September 18th 2014 @ 12:00 AM

Committee Consideration And Mark-up Session Held.
September 18th 2014 @ 12:00 AM

Subcommittee On Water And Power Discharged.
September 18th 2014 @ 12:00 AM

Subcommittee Hearings Held.
February 5th 2014 @ 12:00 AM

Referred To The Subcommittee On Water And Power.
January 31st 2014 @ 12:00 AM

Referred To The House Committee On Natural Resources.
January 31st 2014 @ 12:00 AM

The Accelerated Revenue, Repayment, and Surface Water Storage Enhancement Act (H.R. 3981), sponsored by Rep. Hastings (R-WA) would require the Department of Interior to allow for voluntary prepayment of repayment contracts between the United States and water districts. 

Erin Carson, Lead Analyst
Tuesday March 11th 2014

H.R. 3981 would allow for the voluntary early repayment of water contracts between water districts and the Bureau of Reclamation. The bill requires the Department of Interior (DOI) to convert any water service contract between the United States and a water users’ association to allow for prepayment of any repayment amount, and ensures that this “accelerated repayment” will be without penalty for the early full payment of the repayment obligation. 

Erin Carson, Lead Analyst
Tuesday March 11th 2014
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