Sec. 141. Funding
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There is authorized to be appropriated to the Secretary of the Interior to carry out this subtitle $200,000,000. No funds made available under this section may be used to provide financial assistance under this subtitle unless sufficient funds have been appropriated to offset any decrease in Federal revenue resulting from the use by any unit of State or local government of proceeds of any obligation— the interest on which is exempt from the tax imposed under chapter 1 of the Internal Revenue Code of 1986; or with respect to which credit is allowable under subpart I or J of part IV of subchapter A of chapter 1 of that Code.
Of the funds made available to carry out this subtitle, the Secretary of the Interior may use for the administration of this subtitle not more than $2,200,000 for each of fiscal years 2016 through 2020. Neither the Secretary of the Interior nor the Secretary of Commerce shall enter into a contract with, or provide Federal funds or other financial assistance in the form of a loan, loan guarantee, annual payment, or any other form of credit enhancement to a recipient under this Act without first obtaining adequate assurance from the contractor or recipient that the requirements of section 513 of the Federal Water Pollution Control Act ( 33 U.S.C. 1372 ) shall be applied in the same manner they are applied to construction of treatment works carried out in whole or in part with assistance made available by a State water pollution control revolving fund as authorized by title VI of that Act ( 33 U.S.C. 1381 et seq. ) under title II of division E of Public Law 112–74 (125 Stat. 1020).
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- Pub. L. 112-74
- 125 Stat. 1020
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