ACQUISITION OF AGRICULTURAL PRIORITY WATER.

SEC. 106. ACQUISITION OF AGRICULTURAL PRIORITY WATER.(a) Approval of Agreement.—(1) In general.—Except to the extent that any provision of the master agreement conflicts with any provision of this title, the master agreement is authorized, ratified, and confirmed. To the extent that amendments are executed to make the master agreement consistent with this title, such amendments are also authorized, ratified, and confirmed.118 STAT. 3493(2) Exhibits.—The Secretary is directed to and shall execute the master agreement and any of the exhibits to the master agreement that have not been executed as of the date of enactment of this Act.(3) Debt collection.—For any agricultural priority water that is not relinquished under the master agreement, the subcontractor shall continue to pay, consistent with the master agreement, the portion of the debt associated with any retained water under section 9(d) of the Reclamation Project Act of 1939 (43 U.S.C. 485h(d)), and the Secretary shall apply such revenues toward the reimbursable section 9(d) debt of that subcontractor.(4) Effective date.—The provisions of subsections (b) and (c) shall take effect on the date of enactment of this Act.(b) Nonreimbursable Debt.—(1) In general.—In accordance with the master agreement, the portion of debt incurred under section 9(d) of the Reclamation Project Act of 1939 (43 U.S.C. 485h(d)), and identified in the master agreement as nonreimbursable to the United States, shall be nonreimbursable and nonreturnable to the United States in an amount not to exceed $73,561,337.(2) Extension.—In accordance with the master agreement, the Secretary may extend, on an annual basis, the repayment schedule of debt incurred under section 9(d) of the Reclamation Project Act of 1939 (43 U.S.C. 485h(d)) by CAP subcontractors.(c) Exemption.—The Reclamation Reform Act of 1982 (43 U.S.C. 390aa et seq.) and any other acreage limitation or full cost pricing provisions of Federal law shall not apply to—(1) land within the exterior boundaries of the Central Arizona Water Conservation District or served by Central Arizona Project water;(2) land within the exterior boundaries of the Salt River Reservoir District;(3) land held in trust by the United States for an Arizona Indian tribe that is—(A) within the exterior boundaries of the Central Arizona Water Conservation District; or(B) served by Central Arizona Project water; or(4) any person, entity, or land, solely on the basis of—(A) receipt of any benefits under this Act;(B) execution or performance of the Gila River agreement; or(C) the use, storage, delivery, lease, or exchange of Central Arizona Project water.