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43 U.S.C. § 390dDams and reservoirs wherein costs thereof, or rights thereto, have been acquired by local interests

submitted 63 years ago by Pub. L. 88-140 to r/title-43-PUBLIC-LANDS · 200 words · no verdicts yet

in plain englishAI-generated · not legal advice

Sections 390c through 390f apply to Army dams and reservoirs partly paid for by states or local interests. They also apply where local interests bought rights to use storage space by paying over time. This applies whether the cost share was figured by the incremental or separable-costs method.

Sections 390c through 390f of this title apply to every dam and reservoir the U.S. government (through the Army Corps of Engineers) has built or will build, where either (1) states or local interests ("local interests") contributed or will contribute part of the construction cost, or (2) local interests acquired or will acquire the right to use certain storage space by paying for it over the agreed period — as long as, excluding interest, the amount paid equals the cost of the part of the dam and reservoir allocated to that use. This applies no matter which method set that cost share — the "incremental cost" method, the "separable costs-remaining benefits" method, or any other method. Dams and reservoirs the Army Corps of Engineers built are included. But nothing in sections 390c through 390f changes or affects section 390 of this title.
the actual law source: uscode.house.gov ↗public domain

Sections 390c to 390f of this title are applicable to all dams and reservoirs heretofore or hereafter constructed by the United States Government (acting through the Corps of Engineers of the United States Army) wherein either a part of the construction cost thereof shall have been contributed or may be contributed by States or local interests (hereinafter called “local interests”) or local interests have acquired or may acquire rights to utilize certain storage space thereof by making payments during the period of such use as specified in the agreement with the Government and wherein the amount of money paid, exclusive of interest, is equivalent to the cost of providing that part of such dam and reservoir which is allocated to such use, whether such share of cost shall have been determined by the “incremental cost” method or by the “separable costs-remaining benefits” method or by any other method. Included among the dams and reservoirs affected by sections 390c to 390f of this title are those constructed by the Corps of Engineers of the Department of the Army, but nothing in sections 390c to 390f of this title shall be construed to affect or modify section 390 of this title.

Source credit: (Pub. L. 88–140, § 2, Oct. 16, 1963, 77 Stat. 249.)

history & why it existsrecord from the source credit
  • 1963Enacted · Pub. L. 88-140 · 77 Stat. 249

A history note hasn’t been published yet. The record shows enactment by Pub. L. 88-140 on 1963-10-16.

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