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43 U.S.C. § 618f — Repayment of advances for flood control

Federal law — U.S. Code and appendices · legal_authorities

43 U.S.C. § 618f — Repayment of advances for flood control

The first $25,000,000 of advances made to the Colorado River Dam Fund for the project shall be deemed to be the sum allocated to flood control by [section 617a(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section617a/b&num=0&edition=prelim) and repayment thereof shall be deferred without interest until June 1, 1987, after which time such advances so allocated to flood control shall be repayable to the Treasury as the Congress shall determine.

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Stable record: federal_law:legal_authorities:record_usc_6666413fcf0fc78c752becd4
Source file: Laws/federal/codes/united-states-code/title-43/section-618f-repayment-of-advances-for-flood-control--4931f4cb9e.md
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Passage SHA-256: cf63de0ba8e5bb8bc76b8a15bb0cf6d0cd085286f19152f5ad427bdde35ec31e

Source location: Title 43, Chapter 12A, § 618f; chapter-12a-boulder-canyon-project.md

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The first $25,000,000 of advances made to the Colorado River Dam Fund for the project shall be deemed to be the sum allocated to flood control by [section 617a(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section617a/b&num=0&edition=prelim) and repayment thereof shall be deferred without interest until June 1, 1987, after which time such advances so allocated to flood control shall be repayable to the Treasury as the Congress shall determine.

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Federal law — U.S. Code and appendices · legal_authorities

43 U.S.C. § 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](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section617a/b&num=0&edition=prelim), which shall be repayable as provided in [section 618f of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section618f&num=0&edition=prelim)), 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](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section618a/c&num=0&edition=prelim); **(d)** To provide $500,000 for each of the years and for the purposes specified in [section 618a(d) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section618a/d&num=0&edition=prelim); 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)](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section1543/c/2&num=0&edition=p

Source: Supplied U.S. Code snapshot — release unconfirmed · 43 U.S.C. § 618

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Federal law — U.S. Code and appendices · legal_authorities

43 U.S.C. § 618f — Repayment of advances for flood control

Page 220 TITLE 43—PUBLIC LANDS § 618d accounts by reason thereof, including charges by and against the United States, shall be made so that the United States and all parties that have contracted for energy, or for the privilege of generating energy, at the project, shall be placed in the same position, as nearly as may be, as determined by the Secretary, that they would have occupied had such charges, or the basis of computation thereof, and the method of operation which may be provided for under sec- tion 618h of this title, been effective on June 1, 1937: Provided, That such adjustments with con- tractors shall not be made in cash, but shall be made by means of credits extended over such pe- riod as the Secretary may determine. (b) In the event payments to the States of Ari- zona and Nevada, or either of them, under sec- tion 618a(c) of this title, shall be reduced by rea- son of the collection of taxes mentioned in said section, adjustments shall be made, from time to time, with each allottee which shall have paid any such taxes, by credits or otherwise, for that proportion of the amount of such reduc- tions which the amount of the payments of such taxes by such allottee bears to the total amount of such taxes collected. (July 19, 1940, ch. 643, § 4, 54 Stat. 776.) § 618d. Readvances from Treasury where Dam Fund is insufficient to meet cost of replace- ments If at any time there shall be insufficient sums in the Colorado River Dam Fund to meet the cost of replacements, however necessitated, in addition to meeting the other requirements of this subchapter, or of regulations authorized hereby and promulgated by the Secretary, the Secretary of the Treasury, upon request of the Secretary of the Interior, shall readvance to the said fund, in

Source: Supplied 2024 U.S. Code historical extraction · 43 U.S.C. § 618f

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