A bill to authorize the repayment of amounts due under a water reclamation project contract for the Canadian River Project, Texas.
Canadian River Project Prepayment Act - Directs the Secretary of the Interior to convey to the Canadian River Municipal Water Authority, Texas, the Canadian River Project, subject to: (1) the Authority accepting the obligations of the United States for the Project; and (2) Authority payment of a specified amount, within one year after enactment of this Act, which shall extinguish all payment obligations under a current contract.
Provides continued Federal authority for the operation of recreation and flood control in the Lake Meredith area.
Requires the Authority to have full responsibility for the operation and maintenance of the Sanford Dam, as well as Project pipeline and related facilities.
Introduced in Senate
Read twice and referred to the Committee on Energy and Natural Resources.
Referred to Subcommittee on Water and Power.
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