This legislation, known as the "Finish the Arkansas Valley Conduit Act," amends existing public law to significantly modify the repayment terms for the Arkansas Valley Conduit in Colorado, aiming to provide domestic water supplies to communities lacking reliable access. It mandates that the contract for the conduit will require payment of 35 percent of its total cost . This 35 percent can be satisfied through funding provided during construction by non-federal entities, or through a long-term repayment plan for any remaining balance. The repayment plan allows for up to 75 years with simple interest at 50 percent of the Treasury rate, specifically for entities demonstrating financial hardship . Additionally, the amended law requires that the contracting parties assume full responsibility for the care, operation, maintenance, and replacement of the Arkansas Valley Conduit.