(e) The term "landholding" means the total acreage of one or more tracts
of land owned or operated under a lease or leases by any person alone or by
participation in a legal entity which is served with a water supply pursuant
to a contract with the Secretary.
 ACREAGE LIMITATION
 SEO. 3. (a) The Federal Reclamation Law shall apply only to lands which are
included within a Federal reclamation project which has been authorized by
statute and which are served with a water supply from, through or by means
of works provided by such authorization pursuant to a contract with the
Secretary.
 (b) Any provision of the Federal Reclamation Law which establishes a limita-
tion on acreage to be served with a water supply to the contrary notwithstanding,
a landholding of any qualified recipient which consists of one thousand two
hundred and eighty acres or less shall be considered to be within the acreage
limitation of the Federal Reclamation Law.
 (c) In the determination of excess lands under the provisions of this Act or
 any other provision of the Federal Reclamation Law, the applicable acreage
 limitation shall be interpreted as applying to a landholding as defined in sub-
 section 2 (e) of this Act.
 (d) Lands included in a landholding of any qualified or limited recipient
 which exceed the acreage limitation imposed by this Act or lands included in a
 landholding of any other person which violate the provisions of this Act and
 any other provision of the Federal Reclamation Law and which are receiving a
 reclamation water supply but are not under a recordable contract on the date
 of enactment of this Act shall be placed under a recordable contract within three
 years of the date of enactment of this Act as a condition of continued water
 service.
 (e) Recordable contracts entered into pursuant to the provisions of subsection
 (d) of this section shall provide for the disposal of such excess land within ten
 years of the date of enactment of this Act.
 (f) The Secretary may, in his discretion, by rule, impose a limitation on the
 number of landholdings that may be managed by another person on behalf of
 qualified recipients or other landholders.
 (g) Except to the extent that they are inconsistent with the provisions of
 this Act, the provisions of the Federal Reclamation Law, including those provi-
 sions relating to the implementation of the acreage limitation, shall remain in full
 force and effect.
 (h) Nothing in this Act shall repeal or amend any existing statutory exemptions
 from the acreage limitation of the Federal Reclamation Law.
 EQUIVALENCY
 SEc. 4. Wherever an acreage limitation is imposed by the Federal Reclamation
 Law, the Secretary shall (upon request of a qualified or limited recipient or
 other contracting entity representing one or more qualified or limited recipients)
 designate by rule the acreage of a landholding which may receive water at one
 thousand two hundred and eighty acres of class 1 land in the case of a qualified
 recipient or one hundred and sixty acres in the case of a limited recipient or the
 equivalent thereof in other lands of lesser productive potential. Standards and
 criteria for determination of land classes pursuant to this authority shall take
 into account all factors which significantly affect the economic feasibility of
 irrigated agriculture, including but not limited to, soil characteristics, crop
 adaptability, costs of crop production, and length of growing season.
 RESIDENCY NOT REQUIRED
 SEC. 5. Notwithstanding any other provision of law, a qualified or limited recipi-
 ent shall not be required to be a resident on or near a landholding in order for
 such landholding to be eligible to receive water pursuant to a contract with the
 Secretary.
 REPAYMENT OF CONSTRUCTION CHARGES
 SEC. 6. (a) The acreage limitation provisions of the Federal Reclamation Law
 shall cease to apply to any landholding upon completion of the repayment by
 any contracting entity of the amount of any construction costs required to be