Sec. 3. Chesapeake Bay crosscut budget
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The Director, in consultation with the Chesapeake Executive Council, the chief executive of each Chesapeake Bay State, and the Chesapeake Bay Commission, shall submit to Congress a financial report containing— an interagency crosscut budget that displays, as applicable— the proposed funding for any Federal restoration activity to be carried out in the succeeding fiscal year, including any planned interagency or intra-agency transfer, for each of the Federal agencies that carry out restoration activities; to the extent that information is available, the estimated funding for any State restoration activity to be carried out in the succeeding fiscal year; all expenditures for Federal restoration activities from the preceding 2 fiscal years, the current fiscal year, and the succeeding fiscal year; all expenditures, to the extent that information is available, for State restoration activities during the equivalent time period described in subparagraph (C); and a section that identifies and evaluates, based on need and appropriateness, specific opportunities to consolidate similar programs and activities within the budget and recommendations to Congress for legislative action to streamline, consolidate, or eliminate similar programs and activities within the budget; a detailed accounting of all funds received and obligated by each Federal agency for restoration activities during the current and preceding fiscal years, including the identification of funds that were transferred to a Chesapeake Bay State for restoration activities; to the extent that information is available, a detailed accounting from each State of all funds received and obligated from a Federal agency for restoration activities during the current and preceding fiscal years; and a description of each of the proposed Federal and State restoration activities to be carried out in the succeeding fiscal year (corresponding to those activities listed in subparagraphs
(A)and
(B)of paragraph (1)), including— the project description; the current status of the project; the Federal or State statutory or regulatory authority, program, or responsible agency; the authorization level for appropriations; the project timeline, including benchmarks; references to project documents; descriptions of risks and uncertainties of project implementation; a list of coordinating entities; a description of the funding history for the project; cost sharing; and alignment with the existing Chesapeake Bay Agreement, Chesapeake Executive Council goals and priorities, and Annual Action Plan required by section 205 of Executive Order 13508 ( 33 U.S.C. 1267 note; relating to Chesapeake Bay protection and restoration). In describing restoration activities in the report required under subsection (a), the Director shall only include— for the first 3 years that the report is required, descriptions of— Federal restoration activities that have funding amounts greater than or equal to $300,000; and State restoration activities that have funding amounts greater than or equal to $300,000; and for every year thereafter, descriptions of— Federal restoration activities that have funding amounts greater than or equal to $100,000; and State restoration activities that have funding amounts greater than or equal to $100,000. The Director shall submit to Congress the report required by subsection
(a)not later than September 30 of each year. Copies of the report required by subsection
(a)shall be submitted to the Committees on Appropriations, Natural Resources, Energy and Commerce, and Transportation and Infrastructure of the House of Representatives and the Committees on Appropriations, Environment and Public Works, and Commerce, Science, and Transportation of the Senate. This section shall apply beginning with the first fiscal year after the date of enactment of this Act.
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