§ 618. — Promulgation of charges for electrical energy.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 43USC618]
TITLE 43--PUBLIC LANDS
CHAPTER 12A--BOULDER CANYON PROJECT
SUBCHAPTER II--BOULDER CANYON PROJECT ADJUSTMENT ACT
Sec. 618. Promulgation of charges for electrical energy
The Secretary of the Interior is authorized and directed to, and he
shall, promulgate charges, or the basis of computation thereof, for
electrical energy generated at Hoover Dam beginning June 1, 1937,
computed to be sufficient, together with other net revenues from the
project, to accomplish the following purposes:
(a) To meet the cost of operation and maintenance, and to provide
for replacements, of the project beginning June 1, 1937;
(b) To repay to the Treasury, with interest, the advances to the
Colorado River Dam Fund for the project made prior to June 1, 1937,
within fifty years from that date (excluding advances allocated to flood
control by section 617a(b) of this title, which shall be repayable as
provided in section 618f of this title), and such advances made on and
after June 1, 1937, over fifty-year periods;
(c) To provide $600,000 for each of the years and for the purposes
specified in section 618a(c) of this title;
(d) To provide $500,000 for each of the years and for the purposes
specified in section 618a(d) of this title; and
(e) To provide, by application of the increments to rates specified
in section 403(c)(2) of the Colorado River Basin Project Act of 1968, as
amended and supplemented [43 U.S.C. 1543(c)(2)], revenues, from and
after June 1, 1987, for application to the purposes there specified.
Such charges may be made subject to revisions and adjustments at
such times, to such extent, and in such manner, as by the terms of their
promulgation the Secretary shall prescribe.
(July 19, 1940, ch. 643, Sec. 1, 54 Stat. 774; Apr. 30, 1947, ch. 46, 61
Stat. 56; Pub. L. 98-381, title I, Sec. 104(a)(1)-(3), Aug. 17, 1984, 98
Stat. 1334.)
Amendments
1984--Pub. L. 98-381, Sec. 104(a)(1), substituted ``beginning June
1, 1937'' for ``during the period beginning June 1, 1937, and ending May
31, 1987'' in provisions preceding subsec. (a).
Subsec. (a). Pub. L. 98-381, Sec. 104(a)(1), substituted ``beginning
June 1, 1937'' for ``during the period beginning June 1, 1937, and
ending May 31, 1987''.
Subsec. (b). Pub. L. 98-381, Sec. 104(a)(2), substituted ``and such
advances made on or after June 1, 1937, over fifty-year periods'' for
``and such portion of such advances made on or after June 1, 1937, as
(on the basis of repayment thereof within such fifty-year period or
periods as the Secretary may determine) will be repayable prior to June
1, 1987''.
Subsec. (e). Pub. L. 98-381, Sec. 104(a)(3), added subsec. (e).
Change of Name
Act Apr. 30, 1947, changed name of Boulder Dam back to Hoover Dam.
Construction With Other Laws
Pub. L. 98-381, title I, Sec. 104(b), Aug. 17, 1984, 98 Stat. 1335,
provided that: ``Except as amended by this Act [amending sections 618,
618a, 618e, and 618k of this title], the Boulder Canyon Project
Adjustment Act of 1940 (54 Stat. 774, as amended, 43 U.S.C. 618), as
amended and supplemented [this subchapter], shall remain in full force
and effect.''
Section Referred to in Other Sections
This section is referred to in section 618a of this title.
