Reclamation Lands Opportunity Act

[AI summary unavailable — showing source text] Reclamation Lands Opportunity Act - Title I: Findings, Purposes, Definitions - States the purpose of this Act and defines terms used in this Act. Title II: Acreage Limitations and Equivalency - Authorizes the Secretary of the Interior, for purposes of administering the reclamation laws, to change the 160 acre limitation to 640 acres of class one land or its equivalent in lands of lesser productivity, provided that in no case such acreage exceeds 960. Title III: Excess Lands and Irrigation Rights - States that one year after the date of enactment of this Act water from any reclamation projects may only be delivered to project lands which comprise a family farm or which fall under specified categories. Provides for the disposition of excess reclamation project lands. Title IV: Repayment of Project Costs - Directs the Secretary of the Interior to stipulate in any water right contract that all rates and assessments to be paid by the contracting entity or individual landowners shall be renegotiated every five years. Title V: Leasing of Certain Lands - Authorizes the Secretary to purchase excess lands to be leased to those family farmers unable to purchase land in reclamation projects an…