Sec. 101. Budgetary treatment expansion and adjustment for the Harbor Maintenance Trust Fund
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Section 14003 of division B of the CARES Act ( Public Law 116–136 ) is amended to read as follows: 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, for any fiscal year, appropriations for the Construction, Mississippi River and Tributaries, and Operation and Maintenance accounts of the Corps of Engineers are enacted that are derived from the Harbor Maintenance Trust Fund established under section 9505(a) of the Internal Revenue Code of 1986 and that the Congress designates in statute as being for harbor operations and maintenance activities, then the adjustment for that fiscal year shall be the total of such appropriations that are derived from such Fund and designated as being for harbor operations and maintenance activities, but shall not exceed the sum of— the amount deposited into the Harbor Maintenance Trust Fund in the fiscal year that is two years prior to the fiscal year for which the adjustment is being made; and $2,000,000,000.
If, for any of fiscal years 2021 through 2030, appropriations for the Operation and Maintenance account of the Corps of Engineers are enacted that the Congress designates in statute as being to carry out subsection
(c)of section 2106 of the Water Resources Reform and Development Act of 2014 ( 33 U.S.C. 2238c ), then the adjustment for that fiscal year shall be the total of such appropriations for that fiscal year designated as being to carry out such subsection, but shall not exceed— $50,000,000 for fiscal year 2021; $50,000,000 for fiscal year 2022; $56,000,000 for fiscal year 2023; $58,000,000 for fiscal year 2024; $60,000,000 for fiscal year 2025; $62,000,000 for fiscal year 2026; $64,000,000 for fiscal year 2027; $66,000,000 for fiscal year 2028; $68,000,000 for fiscal year 2029; and $70,000,000 for fiscal year 2030. . . The amendment made by subsection
(a)shall take effect as if included in the enactment of the CARES Act ( Public Law 116–136 ).
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Sec. 101
Budgetary treatment expansion and adjustment for the Harbor Maintenance Trust Fund
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