§ 835l. — Congressional declaration of financial policy; limitations on assistance; analyses and studies; "net revenues" defined.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC835l]
TITLE 16--CONSERVATION
CHAPTER 12D--COLUMBIA BASIN PROJECT
Sec. 835l. Congressional declaration of financial policy;
limitations on assistance; analyses and studies; ``net
revenues'' defined
It is declared to be the policy of the Congress that reclamation
projects hereafter authorized in the Pacific Northwest to receive
financial assistance from the Federal Columbia River power system shall
receive such assistance only from the net revenues of that system as
provided in this section, and that their construction shall be so
scheduled that such assistance, together with similar assistance for
previously authorized reclamation projects (including projects not now
receiving such assistance for which the Congress may hereafter authorize
financial assistance) will not cause increases in the rates and charges
of the Bonneville Power Administration. It is further declared to be the
policy of the Congress that the total assistance to all irrigation
projects, both existing and future, in the Pacific Northwest shall not
average more than $30,000,000 annually in any period of twenty
consecutive years. Any analyses and studies authorized by the Congress
for reclamation projects in the Pacific Northwest shall be prepared in
accordance with the provisions of sections 835j to 835m of this title.
As used in sections 835j to 835m of this title, the term ``net
revenues'' means revenues as determined from time to time which are not
required for the repayment of (1) all costs allocated to power at
projects in the Pacific Northwest then existing or authorized, including
the cost of acquiring power by purchase or exchange, and (2) presently
authorized assistance from power to irrigation at projects in the
Pacific Northwest existing and authorized prior to September 7, 1966.
(Pub. L. 89-448, Sec. 2(b), as added Pub. L. 89-561, Sec. 6(3), Sept. 7,
1966, 80 Stat. 714.)
Codification
Section is comprised of subsec. (b) of section 2 of Pub. L. 89-448,
as added by Pub. L. 89-561. Subsecs. (a) and (c) of section 2 are
classified to sections 835j and 835k, and 835m of this title,
respectively.
Transfer of Functions
Functions of Secretary of the Interior with respect to Bonneville
Power Administration transferred to Secretary of Energy by section
7152(a)(1)(D), (2) of Title 42, The Public Health and Welfare, with
Bonneville Power Administration to be preserved as a distinct
organizational entity within Department of Energy and headed by an
Administrator.
Section Referred to in Other Sections
This section is referred to in section 835k of this title; title 43
sections 615rrr, 616nnnn, 616uuuu.