§ 485b. — Amendment of existing repayment contracts.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 43USC485b]
TITLE 43--PUBLIC LANDS
CHAPTER 12--RECLAMATION AND IRRIGATION OF LANDS BY FEDERAL GOVERNMENT
SUBCHAPTER X--PAYMENT OF CONSTRUCTION CHARGES
Sec. 485b. Amendment of existing repayment contracts
In connection with any repayment contract or other form of
obligation, existing on August 4, 1939, to pay construction charges,
providing for repayment on the basis of a definite period, the Secretary
is authorized, upon request by the water users involved or their duly
authorized representatives for amendment under this section of said
contract or other form of obligation, and if in the Secretary's
judgement such amendment is both practicable and in keeping with the
general purpose of this subchapter, to amend said contract or other form
of obligation so as to provide that the construction charges remaining
unaccrued on the date of the amendment, or any later date agreed upon,
shall be spread in definite annual installments on the basis of a longer
definite period fixed in each case by the Secretary: Provided, That for
any construction charges said longer period shall not exceed forty
years, exclusive of 1931 and subsequent years to the extent of moratoria
or deferments of construction charges due and payable for such years
effected pursuant to Acts of Congress, from the date when the first
installment of said construction charges become due and payable under
the original obligation to pay said construction charges and in no event
shall the unexpired part of said longer period exceed double the number
of remaining years, as of the date of the amendment made pursuant to
this subchapter, in which installments of said construction charges
would become due and payable under said existing repayment contract or
other form of obligation to pay construction charges.
(Aug. 4, 1939, ch. 418, Sec. 3, 53 Stat. 1188.)
Extension of Date of Modification of Repayment Contracts
Act Mar. 6, 1952, ch. 94, 66 Stat. 16, as amended by acts Aug. 31,
1954, ch. 1168, 68 Stat. 1044; Pub. L. 85-156, Aug. 21, 1957, 71 Stat.
390; Pub. L. 85-611, Sec. 3, Aug. 8, 1958, 72 Stat. 543; Pub. L. 86-308,
Sec. 2, Sept. 21, 1959, 73 Stat. 585, provided that the authority vested
in the Secretary of the Interior by sections 485b and 485f of this title
should be extended through Dec. 31, 1960.
Section Referred to in Other Sections
This section is referred to in sections 485b-1, 485f, 485g of this
title.
