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<br />14,
<br />
<br />COST AND BUDGET ACT COMPLIANCE
<br />
<br />H.R. 2642, as reported, authorizes the appropriation of
<br />$49,500,000 for the Tribal Development Funds under section 7 and
<br />such sums as may be necessary for the Secretary to make any pay-
<br />ments required by SeCtion 6(0. The cost analysis of the Congression-
<br />al Budget Office is set forth below: ' '
<br />
<br />CONGRESSIONAL BUDGET OFFICE COST ESIMATE
<br />
<br />SEPTEMBER 6, 1988.
<br />1. Bill number:H.R. 2642.
<br />2. Bill title: The Colorado Ute Indian Water Rights Settlement
<br />Act of 1987.
<br />3. Bill status: As ordered reported by the House Committee on
<br />Interior and Insular Affairs, June 29, 1988.
<br />4. Bill purpose: H.R. 2642 would implement the water rights set-
<br />tlement agreement entered into on December 10, 1986 by the Colo-
<br />rado Ute Tribes, the federal government, the State of Colorado, and
<br />several water conservation districts. The settlement contains a
<br />cost-sharing agreement for construction of the Animas-La Plata
<br />project and plans for allocating water from the Animas-La Plata
<br />and Dolores projects.
<br />Section 4 of H.R. 2642 would authorize the Secretary of the Inte-'
<br />rior to uSe water from the Animas~La Plata and Delores projects to
<br />supply water to the Ute Mountain Ute and Southern Ute Indian
<br />Tribes (tribes) in accordance with the agreement.
<br />Section 6 would specify terms for the deferral and/or repayment
<br />of the construction, operation, maintenance, and replacement costs
<br />allocated to the tribes as a result of the agreement. Section 6 would
<br />also authorize the appropriation offunds to cover the annual oper-
<br />ation, maintenance, and replacement costs as specified in the bill.
<br />This section would also specify repayment procedures for irrigation
<br />water provided to the tribes, including a requirement that repay-
<br />ments above the ability of the tribes to repay be repaid from power
<br />receipts in the Upper Colorado River Basin Fund.
<br />Section 7 would establish' two tribal development funds and
<br />would authorize the appropriation ofatotal of $49.5 million over
<br />three fIscal years to be deposited into the funds. Within 60 days of
<br />appropriation of the funds, the Secretary would be required to dis-
<br />burse the funds to the tribes in ,accordance with formulas specifIed
<br />in the bilL If funds are ,appropriated but not disbursed within the
<br />time specified in the bill, the tribes would also be entitled to inter-
<br />est on the unpaid amounts. This section also contains provisions for
<br />the investment and use of the tribal development funds.
<br />Other sections of the bill would give the tribes the authority to
<br />waive or release certain water rights claims and would stipulate
<br />that the obligations of the Secretary as specifIed in this bill would '
<br />only be in force when the tribes execute those waivers. They would
<br />also clarify Congressional intent with regard to the marketing of
<br />water secured by the agreement and would specify the effective
<br />date of the bill.
<br />5. Estimated cost to the Federal Government:
<br />
<br />:-
<br />
<br />-7
<br />;
<br />'.
<br />
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