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CED-82-3 1 (1981-10-22)

handle is hein.gao/gaobabcoq0001 and id is 1 raw text is: I) 0 BY THE COMPTROLLER GENERAL' Report To The Congress OF THE UNITED STATES Reforming Interest Provisions In Federal Water Laws Could Save Millions I 1167111 I 116701 The Department of the Interior's Bureau of Reclamation and the Army's Corps of Engineers build and manage most of'the Nation's costly water projects. Federal water laws generally require that when projects are completed and water is delivered, the beneficiaries (water users) who receive irrigation and municipal and industrial water must repay their share of project costs. However, reclamation law and water supply law do not require repayment of interest on irrigation costs or full repayment of interest costs on municipal and industrial water projects. In order to have municipal and industrial water users fully repay total interest costs, the Congress should re- form pertinent provisions in the law. Also, because con- ditions have changed since Federal provisions for repay- ment of irrigation costs were established, the Congress may wish to consider including interest costs in the repay- ment provisions for irrigation projects. CED-82-3 OCTOBER 22, 1981 (~ /~K)K~ 114 16 [

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