PlainBillCongress, translated.Legislation. Context. Public interest.Placed on the Union Calendar, Calendar No. 438.
Congressional Research Service
Version 00 · Introduced in House · May 26, 1994
Stagecoach Reservoir Project Act of 1993 - Requires the Secretary of the Interior to conduct appropriate investigations regarding a specified loan contract entered into under the Small Reclamation Projects Act of 1956. Authorizes the Secretary to sell the contract to, or accept prepayment on it from, the Upper Yampa Water Conservancy District in Colorado for the Stagecoach Reservoir Project. Requires any negotiated agreement related to such contract to provide a payment to the Federal Government calculated by discounting the remaining payments due on the loans by the interest rate determined by the Secretary. Provides that upon receipt of the specified payment for the loan contract: (1) the District's obligation under the loan contract shall be terminated; (2) the Secretary shall convey all Federal rights and interest in the Stagecoach Reservoir Project to the District; and (3) the District shall absolve the United States of any liability associated with the Stagecoach Reservoir Project. Terminates the authority granted by this Act to sell loans two years after the enactment of this Act. Gives a borrower at least 60 days to respond to any prepayment offer made by the Secretary.
People & committees
Rep. McInnis, Scott [R-CO-3] · R–CO
Legislative record
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Placed on the Union Calendar, Calendar No. 438.
Reported (Amended) by the Committee on Natural Resources. H. Rept. 103-792.
Reported (Amended) by the Committee on Natural Resources. H. Rept. 103-792.
Ordered to be Reported (Amended) by Voice Vote.
Committee Consideration and Mark-up Session Held.
Subcommittee on Oversight and Investigations Discharged.
Referred to the Subcommittee on Oversight and Investigations.
Referred to the House Committee on Natural Resources.
Sponsor introductory remarks on measure. (CR E1099-1100)
Introduced in House
Introduced in House
Primary sources
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Source last updated: Feb 7, 2024. Consult Congress.gov for the current record.
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