Browse Arkansas Code titles and sections
43 U.S.C. § 618e — Interest payments; rate
Federal law — U.S. Code and appendices · legal_authorities
Whenever by the terms of the Project Act [[43 U.S.C. 617](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section617&num=0&edition=prelim) et seq.] or this subchapter payment of interest is provided for, and whenever interest shall enter into any computation thereunder, such interest shall be computed at the rate of 3 per centum per annum, compounded annually: Provided, That the respective rates of interest on appropriated funds advanced for the visitor facilities program, as described in [section 619(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section619/a&num=0&edition=prelim), shall be determined by the Secretary of the Treasury, taking into consideration average market yields on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the reimbursement period of the program during the month preceding the fiscal year in which the costs of the program are incurred. To the extent that more than one interest rate is determined pursuant to the preceding sentence, the Secretary of the Treasury shall establish for repayment purposes an interest rate at a weighted average of the rates so determined.
Source: Supplied U.S. Code snapshot — release unconfirmed · 43 U.S.C. § 618e
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: b16dee460f372f5bfd64e87bba1318fe181873fd6e8677f71a0eded1808546bd. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_c38f45db0dbf427d793f2a66
Source file: Laws/federal/codes/united-states-code/title-43/section-618e-interest-payments-rate--1d8526b70f.md
Pages: Not recorded – Not recorded
Passage SHA-256: 99c31db4c276b6f6662058def18feb5de81d56bc3b9599906bfed6c9c2ebc2b9
Source location: Title 43, Chapter 12A, § 618e; chapter-12a-boulder-canyon-project.md
Stored source content
Whenever by the terms of the Project Act [[43 U.S.C. 617](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section617&num=0&edition=prelim) et seq.] or this subchapter payment of interest is provided for, and whenever interest shall enter into any computation thereunder, such interest shall be computed at the rate of 3 per centum per annum, compounded annually: Provided, That the respective rates of interest on appropriated funds advanced for the visitor facilities program, as described in [section 619(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title43-section619/a&num=0&edition=prelim), shall be determined by the Secretary of the Treasury, taking into consideration average market yields on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the reimbursement period of the program during the month preceding the fiscal year in which the costs of the program are incurred. To the extent that more than one interest rate is determined pursuant to the preceding sentence, the Secretary of the Treasury shall establish for repayment purposes an interest rate at a weighted average of the rates so determined.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
The following terms wherever used in this subchapter shall have the following respective meanings:
Source: Supplied U.S. Code snapshot — release unconfirmed · 43 U.S.C. § 618k
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
For the purpose of controlling the floods, improving navigation, and regulating the flow of the Colorado River, providing for storage and for the delivery of the stored waters thereof for reclamation of public lands and other beneficial uses exclusively within the United States, and for the generation of electrical energy as a means of making the project herein authorized a self-supporting and financially solvent undertaking, the Secretary of the Interior subject to the terms of the Colorado River compact hereinafter mentioned in this chapter, is authorized to construct, operate, and maintain a dam and incidental works in the main stream of the Colorado River at Black Canyon or Boulder Canyon adequate to create a storage reservoir of a capacity of not less than twenty million acre-feet of water and a main canal and appurtenant structures located entirely within the United States connecting the Laguna Dam, or other suitable diversion dam, which the Secretary of the Interior is authorized to construct if deemed necessary or advisable by him upon engineering or economic considerations, with the Imperial and Coachella Valleys in California, the expenditures for said main canal and appurtenant structures to be reimbursable, as provided in the reclamation law, and shall not be paid out of revenues derived from the sale or disposal of water power or electric energy at the dam authorized to be constructed at said Black Canyon or Boulder Canyon, or for water for potable purposes outside of the Imperial and Coachella Valleys: Provided, however, That no charge shall be made for water for the use, storage, or delivery of water for irrigation or water for potable purposes in the Imperial or Coachella Valleys; also to construct and equip, operate, and maintain at or near said dam, or
Source: Supplied U.S. Code snapshot — release unconfirmed · 43 U.S.C. § 617
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 209
TITLE 43—PUBLIC LANDS
§ 617
Sec.
618i.
Effective date.
618j.
Effect of refusal to modify existing contracts.
618k.
Definitions.
618l.
Repealed.
618m.
Effect on existing laws and States’ rights.
618n.
Wages of employees.
618o.
Short title.
618p.
Omitted.
SUBCHAPTER III—HOOVER DAM CONTRACTS AND
FACILITIES
619.
Increase in capacity of existing generating
equipment at Hoover Powerplant; construc-
tion of Colorado River bridge crossing.
619a.
Renewal contracts for power.
619b.
Reimbursement of funds advanced by non-
Federal purchasers; uprating program; re-
payment requirement; visitor facilities pro-
gram.
Statutory Notes and Related Subsidiaries
CONSOLIDATION OF CERTAIN PROJECTS; EFFECT ON THIS
CHAPTER
Act May 28, 1954, ch. 241, 68 Stat. 143, provided that:
‘‘For the purposes of effecting economies and in-
creased efficiency in the construction, operation, and
maintenance thereof and of accounting for the return
of reimbursable costs, the Secretary of the Interior is
authorized and directed to consolidate and administer
as a single project to be known as the Parker-Davis
project, Arizona-California-Nevada, the projects known
as the Parker Dam power project, Arizona-California,
and the Davis Dam project, Arizona-Nevada: Provided,
That nothing in this Act shall be construed to alter or
affect in any way the Boulder Canyon Project Act (45
Stat. 1057) [subchapter I of this chapter], the Boulder
Canyon Project Adjustment Act (54 Stat. 774) [sub-
chapter II of this chapter], or the treaty between the
United States of America and the United Mexican
States, signed at Washington on February 3, 1944, relat-
ing to the utilization of the waters of the Colorado and
Tijuana Rivers and of the Rio Grande from Fort
Quitman, Texas, to th
Source: Supplied 2024 U.S. Code historical extraction · 43 U.S.C. § 617
Stored review status: historical_2024_not_currentness_verified. The source passage cites 43 U.S.C. § 617. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
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. § 618e
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.