FEDERAL · 43 U.S.C. · Chapter 47

Eligibility criteria

Current through Pub. L. 119-102
Title 43Public Lands·Ch. 47 — RECLAMATION TITLE TRANSFER
(a)Establishment The Secretary shall establish criteria for determining whether a facility is eligible for conveyance under this chapter.
(b)Minimum requirements
(1)Agreement of qualifying entity The criteria established under subsection (a) shall include a requirement that a qualifying entity shall agree—
(A)to accept title to the eligible facility;
(B)to use the eligible facility for substantially the same purposes for which the eligible facility is being used at the time the Secretary evaluates the potential transfer; and
(C)to provide, as consideration for the assets to be conveyed, compensation to the reclamation fund established by section 391 of this title, in an amount that is the equivalent of the net present value of any repayment obligation to the United States or other in

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Related

§ 391
43 U.S.C. § 391
§ 1531
16 U.S.C. § 1531

Source Credit

History

(Pub. L. 116–9, title VIII, §8004, Mar. 12, 2019, 133 Stat. 806.)

Editorial Notes

Editorial Notes

References in Text
The Endangered Species Act of 1973, referred to in subsec. (b)(2)(C), is Pub. L. 93–205, Dec. 28, 1973, 87 Stat. 884, which is classified principally to chapter 35 (§1531 et seq.) of Title 16, Conservation. For complete classification of this Act to the Code, see Short Title note set out under section 1531 of Title 16 and Tables.