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Code · BILL · 116th Congress · H.R. 2396 (Introduced in House) — To provide for the use of funds in the Harbor Maintenance Trust Fund for the purposes for which the funds were collec... · Sec. 4

Sec. 4. Harbor Maintenance Trust Fund discretionary spending limit adjustment

163 words·~1 min read·/bill/116/hr/2396/ih/section-4

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Section 251(b)(2) of the Balanced Budget and Emergency Deficit Control Act of 1985 ( 2 U.S.C. 901(b)(2) ) is amended by adding at the end the following: If a bill or joint resolution making appropriations for a fiscal year is enacted that specifies an amount for harbor maintenance activities, then the adjustments for that fiscal year shall be the total of such amount in that Act for such purpose for that fiscal year, but may not exceed the total amount within the Harbor Maintenance Trust Fund under subsection
(a)of section 9505 of the Internal Revenue Code of 1986 on the last day of the fiscal year that is two years prior to that fiscal year. The adjustment under clause
(i)with respect to an amount made available for harbor maintenance activities may only be made if such amount— is derived solely from funds in such Trust Fund; and is made available for expenditures described under subsection
(c)of such section 9505. .
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Sec. 4
Harbor Maintenance Trust Fund discretionary spending limit adjustment
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