Digest of Public Law 485: COLORADO RIVER STORAGE PROJECT. Authorizes the Interior Department to construct, operate, and maintain initial units of the Colorado River storage project. Provides that, for 10 years from the date of enactment of this act, no water from any participating project authorized by the act may be delivered to any water user for the production on newly irrigated lands of any basic agricultural commodity, as defined in the Agricultural Act of 1949, if the total supply of such commodity for the marketing year in which the bulk of the crop would normally be marketed is in excess of the normal supply as defined in the Agricultural Adjustment Act of 1938, unless the Secretary of Agriculture calls for an increase in production of such commodity in the interest of national security. Authorizes appropriation of $760 million to carry out this Act.