On the recordFebruary 29, 2012
Mr. Chairman, I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 4, line 15, after the period insert the following: ``Charges for all delivered water shall include interest, as determined by the Secretary of the Treasury, on the basis of average market yields on outstanding marketable obligations of the United States with the remaining periods of maturity comparable to the applicable reimbursement period of the project, adjusted to the nearest \1/8\ of 1 percent on the underpaid balance of the allocable project cost.''. The Acting CHAIR. Pursuant to House Resolution 566, the gentlewoman from California (Mrs. Napolitano) and a Member opposed each will control 5 minutes. The Chair recognizes the gentlewoman from California.





