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'~Ol~tl~ . . .- ce~osited in ~~e Lower Colo=ado ~ive= Basi~ Develonme~t =unc~ The proposal would fix an a.L:.oun~ to be' incl ~.:ec. f=om June 1, 1987, in rates applicable to ~~e Boulder Canyon ?rojec~ and from June 1, 2005, in rates aoolicable to the Parker-Davis Project to create such surplus-revenues. This ~~ount would be equivalent to ? 1/2 mills per kilowatt-hour for sales in Arizona, to be applied to the purposes stated in section 403(f) of the Basin Project Act (pertaining to repayment of the central Arizona Project) and would be equivalent to 2 1/2 mills per kilowat~-hour for sales in California and Nevada to be aoolied to the purposes. of section 403(g) of the Basin Project Act (pertaining to salinity control, as provided in section 205(b) of the Colorado River Basin Salinity Control Act, ~"d to au~en- tation of the Colorado River as may be authorized by the Congress). After repayment of the Central Arizona Project the ~~ounts to be included in rates from the Boulder Canyon and Parker-Davis projects would be a ~"iform amount equivaient to 2 1/2 mills per kilowatt-hour for sales in all three states, to be aoolied to ~~e above-described purposes of section 403(g) of the-Sasin Project Act. SEC. 203: (a) Would remove ~~e ceiling on advances under the Boulder Canyon Project Act which currently is set at $165,000,000 in order to accow~odate the increase in authorized appropriations proposed in section 203(b). (b) Would amend section 3 of the Boulder Canyon Project Act by increasing the amount au~~orized for appropria- tion for the purposes of ~~e Boulder Canyon Project Act from $165,000,000 to $242,000,000 and identifies the $77,000,000 increase as attributable to L~e costs of the Uprating Progr~~ and of the Visitor Facilities Program. SEC. 204: (a) ~,d (b) Would continue the existing rate-making provisions of the Boulder Canyon project Adjustment Act ("Adjustment Act"), including the 50-year repayment principle, beyond May 31, 1987. (c) Would require that the ~~ounts provided for in the revisions proposed to section 403(c)(2) of the Basin Project Act [see section 202(b) of our proposed amendments] be included in determining the power rates for the Boulder Canyon Project under the AdjusL~ent Act. (d)(1) Would provide an operating fund out of which costs of ooeration, main~enance, reolacement and emercrency expenditures of the Boulder Canyon Project may be met, including the cost of purchasing supplemental energy t~ meet ~emporary deficiencies in firm energ-I for which L'le Secretary of ;::"ergy has contracted. -2-