A bill to authorize the Secretary of the Interior to contract with the city of Cheyenne, Wyoming, for the storage of the city's water in the Kendrick Project, Wyoming.

(This measure has not been amended since it was reported to the Senate on March 9, 2004. The summary of that version is repeated here.)

Authorizes the Secretary of the Interior, acting through the Commissioner of Reclamation, to enter into one or more contracts with the City of Cheyenne, Wyoming, for the annual storage of the city's water for municipal and industrial use in the Seminoe Dam and Reservoir of the Kendrick Project (the Bureau of Reclamation project on the North Platte River that was authorized by a finding of feasibility approved by the President on August 30, 1935, and constructed for irrigation and electric power generation, the major features of which include Seminoe Dam, Reservoir, and Powerplant and Alcova Dam and Powerplant).

Limits a contract to a term of not more than 40 years, which may be renewed on terms agreeable to the Secretary and the city, for successive terms of not more than 40 years per term.

Directs that: (1) any operation and maintenance charges received under such a contract be credited against applicable operation and maintenance costs of the Project; and (2) any other revenues received under such a contract be credited to the Reclamation Fund as a credit to the construction costs of the Project.