Sec. 3. Agreement, conveyance, and report
243 words·~1 min read·
/bill/118/hr/3415/rh/section-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 2 years after the date of enactment of this Act, the Secretary shall enter into good faith negotiations with the District to enter into an agreement to determine the legal, institutional, and financial terms for the conveyance of the Power Plant from the Secretary to the District. In consideration for the District assuming from the United States all liability for the administration, operation, maintenance, and replacement of the Power Plant, the Secretary shall offer to convey and assign to the District all right, title, and interest of the United States in and to the Power Plant— subject to valid leases, permits, rights-of-way, easements, and other existing rights; and in accordance with— the terms and conditions described in the Agreement; and this Act.
Effective on the date of the conveyance of the Power Plant to the District under paragraph (1), the Power Plant shall not be considered to be a part of a Federal reclamation project. If the conveyance authorized under subsection (b)(1) is not completed by the date that is 1 year after the date of enactment of this Act, the Secretary shall submit to the Committee on Energy and Natural Resources of the Senate and the Committee on Natural Resources of the House of Representatives a report that describes— the status of the conveyance under that subsection; any obstacles to completing the conveyance under that subsection; and an anticipated date for the completion of the conveyance under that subsection.