Sec. 3302. Pricing of water storage contracts
145 words·~1 min read·
/bill/115/s/2800/rs/section-3302A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 7 of the Flood Control Act of 1944 ( 33 U.S.C. 709 ) is amended— by striking such regulations: and inserting the following: Provided , That this section those regulations. This subsection ; and by striking the section designation and all that follows through It shall be the duty of the Secretary of the Army to and inserting the following: Subject to paragraph (2), the Secretary of the Army shall price each water storage contract entered into by the Secretary at fair market value.
For purposes of paragraph (1), the fair market value of a water storage contract shall not exceed 110 percent of the lowest-contracted price at any facility of the Corps of Engineers located within 50 miles of the water source covered by the contract, as adjusted for inflation. Except as provided in paragraph (2), the Secretary of the Army shall .
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 3302
Pricing of water storage contracts
Cites 1Cited by 0 across 0 sources