43 U.S.C. § 485 — Declaration of policy
submitted 87 years ago by ch. 418 to r/title-43-PUBLIC-LANDS · 99 words · no verdicts yet
This section states the purpose behind the reclamation repayment law that follows. Congress wants a fair, workable plan for repaying the cost of building U.S. reclamation projects. Payments should adjust for good and bad farming years while still protecting the government's financial interest.
For the purpose of providing for United States reclamation projects a feasible and comprehensive plan for an economical and equitable treatment of repayment problems and for variable payments of construction charges* which can be met regularly and fully from year to year during periods of decline in agricultural income and unsatisfactory conditions of agriculture as well as during periods of prosperity and good prices for agricultural products, and which will protect adequately the financial interest of the United States in said projects, obligations to pay construction charges may be revised or undertaken pursuant to the provisions of this subchapter.
Source credit: (Aug. 4, 1939, ch. 418, § 1, 53 Stat. 1187.)
- 1939Enacted · Act of Aug. 4, 1939, ch. 418 · 53 Stat. 1187
A history note hasn’t been published yet. The record shows enactment by ch. 418 on 1939-08-04.
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