Sec. 1050. Maximum cost of projects
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Section 902 of the Water Resources Development of 1986 ( 33 U.S.C. 2280 ) is amended— in subsection (a)(2)(A), by striking indexes and inserting indexes, including actual appreciation in relevant real estate markets ; and in subsection (b)— by striking Notwithstanding subsection (a), in accordance with section 5 of the Act of June 22, 1936 ( and inserting the following: 33 U.S.C. 701h ) Notwithstanding subsection
(a); in paragraph
(1)(as so designated)— by striking funds the first place it appears and inserting funds, in-kind contributions, and land, easements, and right-of-way, relocations, and dredged material disposal areas ; and by striking such funds each place it appears and inserting the contributions ; and by adding at the end the following: Funds, in-kind contributions, and land, easements, and right-of-way, relocations, and dredged material disposal areas provided under this subsection are not eligible for credit or repayment and shall not be included in calculating the total cost of the project. .
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