Sec. 3. Budgetary treatment of Harbor Maintenance Trust Fund
116 words·~1 min read·
/bill/115/hr/1908/ih/section-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any other provision of law, the receipts and disbursements of the Harbor Maintenance Trust Fund— shall not be counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of— the budget of the United States Government as submitted by the President; the congressional budget (including allocations of budget authority and outlays provided therein); the Balanced Budget and Emergency Deficit Control Act of 1985; or the Statutory Pay-As-You-Go Act of 2010; shall be exempt from any general budget limitation imposed by statute on expenditures and net lending (budget outlays) of the United States Government; and shall be available only for the purposes specified in section 9505 of the Internal Revenue Code of 1986.