Page:United States Statutes at Large Volume 85.djvu/518

 PUBLIC LAW 92-167-NOV. 24, 1971

[85

STAT.

Public Law 92-167 November 24, 1971 [S.1026]

Small R e c l a m a tion P r o j e c t s Act of 1956, amendmentSvi 43 USC 422k. "Project. " 80 Stat. 376. 43 USC 422b.

Limitation.

Project proposals, 70 Stat. 1045; 71 Stat. 4 9. 43 USC 422d. Loans and grants, 80 Stat. 376. 43 USC 422e.

43 USC 422j. Loan repayment, deferment.

AN ACT To amend the Small Reclamation Projects Act of 1956, a s amended.

Be it enacted by the Senate and House of Rejjresentatives of the United States of America in Congress assembled., That the Small Reclamation Projects Act of 1956 (70 Stat. 1044), as amended, is amended as follows: (1) Subsection (d) of section 2 of such Act is amended to read as follows: " (d) The term 'project' shall mean (i) any complete irrigation project, or (ii) any multiple-purpose water resource project that is authorized or is eligible for authorization under the Federal reclamation laws, or (iii) any distinct unit of a project described in clauses (i) and (ii), or (iv) any project for the drainage of irrigated lands, without regard to whether such lands are irrigated with water supplies developed pursuant to the Federal reclamation laws, or (v) any project for the rehabilitation and betterment of a project or distinct unit described in clauses (i), (ii), (iii), and (iv): Provided, That the estimated total cost of the project described in clauses (i), (ii), (iii), (iv), or (v) does not exceed $15,000,000. Nothing contained in this Act shall preclude the making of more than one loan or grant, or combined loan or grant, to an organization so long as no two such loans or grants, or combinations thereof, are for the same project, as herein defined.". (2) The first sentence of section 4(e) of such Act is amended by deleting ", whether the proposal involves furnishing supplemental irrigation water for an existing irrigation project, wiether the proposal involves rehabilitation of existing irrigation project w'orks, and whether the proposed project is primarily for irrigation". (3) Paragraph (a) of section 5 of such Act is amended by deleting "$6,500,000 or" and inserting in lieu thereof "$10,000,000 or". (4) Section 5(b)(2) of such Act is amended to read as follows: "(2) one-half the costs of acquiring lands or interests therein to serve exclusively the purposes of fish and wildlife enhancement or public recreation, plus the costs of acquiring joint use lands and interests therein properly allocable to fish and wildlife enhancement and public recreation;". (5) At the end of subsection 5(b)(5). delete the word "projects" and the semicolon, and add the following: "projects: Provided, That the cost of constructing the project as used in this subsection shall be exclusive of the cost of lands and interests in land;". (6) Subsection 5(c)(3) of such Act is amended to read as follows: "(3) in the case of any project involving an allocation to domestic, industrial, or municipal water supply, commercial power, fish and wildlife enhancement, or public recreation, interest on the unamortized balance of an appropriate portion of the loan at a rate as determined in (2) above;". (7) Section 10 of such Act is amended by deleting "$200,000,000" and inserting in lieu thereof ^'$300,000,000". ^ (8) The Small Reclamation Projects Act of 1956 is amended by adding at the end thereof a new section 13 as follows: "SEC. 13. A loan contract negotiated and executed pursuant to this Act may be amended or supplemented for the purpose of deferring repayment installments in accordance with the provisions of section 17(b) of the Reclamation Project Act of 1939, as amended (73 Stat. 584,43 U.S.C. 485b-l)." Approved November 24, 1971.

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